Adobe has announced two new Flash Platform open source initiatives: Open Source Media Framework (OSMF) and the Text Layout Framework (TLF). The former is part of the project previously known as Strobe.
OSMF lets developers "assemble pluggable components to create high-quality, full-featured playback experiences," and enables "collaborative development for web video monetization." It has a three-tiered architecture: user interface, monetization workflows, and media delivery.
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