Adobe Systems have just released two new flash technologies under the Mozilla Public License. The first Open Source Media Framework (OSMF) is part of the Strobe project which aims to establish an open standard for flash based media players. Open Source Media Framework enables developers to easily assemble pluggable components to create high-quality, full-featured playback experiences. The open aspect of the framework enables collaborative development for web video monetization, with lower costs and faster turnaround.
Adobe-Open-Source
The second initiative is Text Layout Framework (TLF), an extensible ActionScript library, built on the new text engine in Adobe

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