The AS2 version of Player III was updated, with the following:

Improvements:
? autoresizing of controls background no longer needs the splitting of movieclips into the three standard sections (mcLeft, mcMiddle, mcRight)
? the font used throughout the player was changed, now is more legible and unexpected spaces between letters were eliminated
? the parameters from controllerBackground and controllerButtons tags are moved in controlsBar tag in the settings file

New features:
? video ads are now supported;
? you can play RTMP files even if the video file is under subfolders on your Streaming server; you need to use base parameter for server and video parameter for video: <videoPath base=?rtmp://yourserver.com? video=?subfolder/video.flv? />
? the information for the current video can now be read from JavaScript
? the player is better adapted for use on content delivery networks: SMIL files are now supported