What almost everyone fails to realize is that Flash is already as open as it possibly can be. The SWF file specification and the player virtual machine are open and completely described here: http://www.adobe.com/devnet/swf/
The only thing that keeps Adobe from completely open-sourcing their own player is codec licenses, not Adobe's stubbornness. Adobe pays a lot of money to license codecs that are closed (like h.264) and therefore have to protect those interests within their player. If there were a common open standard for video/audio, this would be a possibility.
The only thing that keeps Adobe from completely open-sourcing their own player is codec licenses, not Adobe's stubbornness. Adobe pays a lot of money to license codecs that are closed (like h.264) and therefore have to protect those interests within their player. If there were a common open standard for video/audio, this would be a possibility.
(edit) http://blogs.adobe.com/open/2010/02/following_the_open_trail...