Play video from local file using Adobe AIR

private function playVideo():void {
  var nc:NetConnection = new NetConnection();
  nc.connect(null);

  var ns:NetStream = new NetStream(nc);

  # onMetaData listener is required otherwise you get a ReferenceError
  var client:Object = new Object();
  client.onMetaData = function(metadata:Object):void {
    trace(metadata.duration);
  }
  ns.client = client;

  var v:Video = new Video();
  v.attachNetStream(ns);
  stage.addChild(v);

  var f:File = new File("/tmp/test.flv");
  ns.play(f.url);
}

<?xml version="1.0" encoding="utf-8"?>
<mx:WindowedApplication xmlns:mx="http://www.adobe.com/2006/mxml" layout="absolute">
    <mx:VideoDisplay source="D:DataProjectsFlex 3AirLocalVideobin-debugNightSky.flv" />
</mx:WindowedApplication>

<?xml version="1.0" encoding="utf-8"?>
<mx:WindowedApplication xmlns:mx="http://www.adobe.com/2006/mxml" layout="absolute">
    <mx:VideoDisplay source="file://D:/Data/Projects/Flex 3/AirLocalVideo/bin-debug/NightSky.flv" />
</mx:WindowedApplication>