While reading about Windows Azure Media Services, I stumbled upon this link. It’s an open source, robust video player framework for Windows 8, HTML5, Windows Phone, Xbox and other application platforms.

The open-source Player Framework supports a long list of advanced features including:
  • Adaptive streaming and advanced playback heuristics via the IIS Smooth Streaming Client SDK for Windows 8
  • Closed captioning support via SMPTE-TT and TTML
  • Advertising standards support including VAST, MAST, and VPAID
  • Advanced DVR-style playback
  • Robust skinning and styling
  • A number of other powerful features

Really cool if you want to enable video streaming in your application.