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Media items from the following popular websites can be automatically embedded in your site:
YouTube
Vimeo
DailyMotion
Flickr
Photobucket
When editing the page on which you want media embedded, simply add the web address for the the media item in the edit content area, ensuring it is on a line of its own and does not show up as a highlighted link.
For example:
Check out this cool video:
http://www.youtube.com/watch?v=blahblah
That was a cool video.