Here are some great free open source web video players.

Got the information from the following website.

http://www.freshdesignweb.com/html5-video-player-open-source-code.html

1. http://flarevideo.com/

2. http://videojs.com/

3. http://www.openbeelden.nl/oiplayer/

4. http://www.projekktor.com/

5. http://mediaelementjs.com/

6. http://fryplayer.net/index_en.htm

7. http://mooplay.challet.eu/

8. http://protofunc.com/jme/index.html