Does MediaElement Support Transparent Video?

[Moe-Baker]

I'm trying to play a transparent video using the MediaElement component, but I can't get the transparency to work.
Is there a specific codec for videos? is it supported at all?

[CliffAgius]

Closed as per the Community Stand-up discussion here: https://youtu.be/N9wMcBP4jtg?t=2889