Video embeds – custom post type?

My niche topic site has multiple authors. My homepage has a bunch of shortcodes for custom functions that query the posts in different ways. I want authors to also post embedded youtube and vimeo videos by merely posting the link, and I will feature these as “video posts”. The purpose is to engage visitors who like watching videos, and always have one or two videos on the homepage.

I don’t want authors to upload video files. I just want them to post the video links that will be converted to embeds. I’ll either write the code for that or find something. I’m not too concerned about that, as long as I know where to do it.

I think I need a custom post type to do this? I’m still very new to WP and haven’t done that before. Has anything been written for this purpose?

Maybe I should just add a video embed plugin for regular posts, and have a query dig through regular posts to find the video embeds, and feature those? That could work, but I’m a little concerned about featuring videos that authors just include in a post to make a point about something, and they might not be appropriate videos to feature for the site’s niche topic.