Streamy Player for WordPress is a very lightweight player for the WordPress platform that is capable of real streaming of content from the server.
The viewer is capable of seeking through the video (as in a radio player). The server streams MP4 video files in chunks. The players rely on the browser’s integration of the video tag. There is no fallback to Flash.
The plug-in allows the user to easily integrate the player into the posts, by using WordPress native tags.
You can also use another player with this plugin. For example, you could use a Flash player with a streamable link where the Streamy plugin will stream the content.