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jwplayer is what you want.
fla is not what you are looking for.
jwplayer is compiled via flex / flash builder.
there is also a way to compile it via open source tools.
without going into too much detail as its a tiny bit involved, the process is as follows:
jwplayer source code (that found on developer.longtail.com) ---> flex / flashbuilder / open source flash compilers ---> spits out .swf
enjoy.
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