Upload videos to create custom video posts. With FFMPEG installed, it encodes and creates splash image.
I'm not going to say this plugin didn't work, because I didn't get that far. But all I wanted to do was embed a video I already have uploaded into a current post I already have published. This plugin requires you to make a new post as a custom post type "videos" and upload your video there. Not exactly what I was looking for.
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