Multiplatform Video Player supporting VAST ads

Develop an online video player like jwplayer which must be able to support receiving VAST tags, parse them, play the video and execute URL events in each event executed, like mute, play, Quarter seen, etc. Detailed Requirements: - HTML 5 / JS - Support all standard media types. - Support VAST tags (Based on IAB VAST 3.0 specs). - Parse and execute all events received. - Detect and support Flash, when receiving .flv files inside the VAST tag, and transform the player to Flash. - Customizable by CSS. The project may be done in different phases.