Hi, 

Whatever code you put in the XSLT, it needs to be valid XML. (or put it in a CDATA section).
Try the code below.  

These are the issues with your code: 

img not properly closed = <img /> 
parameter not properly closed) = <parameter />
ampersands in URLs not encoded > &amp; 

<?xml version="1.0"?>
<t>
  <object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=9,0,0,0" height="480" width="854" id="sn_player" align="middle">
    <param name="allowFullScreen" value="true"/>
    <param name="allowScriptAccess" value="always"/>
    <param name="wmode" value="transparent"/>
    <param name="allownetworking" value="all"/>
    <param name="bgcolor" value="#000000"/>
    <param name="movie" value="http://studio.io/swf/player45.swf?1"/>
    <PARAM name="flashvars" value="file=http://studio.io/build_xml_wzd_sn.php?player=9744_playlist-live-.xml&amp;backcolor=000000;&amp;frontcolor=CCCCCC&amp;lightcolor=FFFFFF&amp;screencolor=AAAAAA&amp;=Save&amp;controlbar=bottom&amp;skin=http://mdsone.com/swf/stylish/modieus_arial_live.swf&amp;autostart=true&amp;displayclick=play&amp;icons=true&amp;mute=false&amp;repeat=none&amp;shuffle=false&amp;stretching=fill&amp;plugins=yourlytics-1,update_playlist,captions-2&amp;viral.onpause=false&amp;yourlytics.callback=http://www.mdsone.com/jw_callback.php;"/>
    <embed src="http://studio.io/swf/player45.swf?1" quality="high" height="480" width="854" id="sn_player" align="middle" allowScriptAccess="always" allowfullscreen="true" bgcolor="#000000" wmode="opaque" type="application/x-shockwave-flash" flashvars="file=http://studio.io/build_xml_wzd_sn.php?player=9744_playlist-live-.xml&amp;backcolor=000000;&amp;frontcolor=CCCCCC&amp;lightcolor=FFFFFF&amp;screencolor=AAAAAA&amp;=Save&amp;controlbar=bottom&amp;skin=http://mdsone.com/swf/stylish/modieus_arial_live.swf&amp;autostart=true&amp;displayclick=play&amp;icons=true&amp;mute=false&amp;repeat=none&amp;shuffle=false&amp;stretching=fill&amp;plugins=yourlytics-1,update_playlist,captions-2&amp;viral.onpause=false&amp;yourlytics.callback=http://www.mdsone.com/jw_callback.php;" pluginspage="http://www.macromedia.com/go/getflashplayer">
  </embed>
  </object>
  <a href="http://www.mdsone.com" border="01">
    <img src="http://www.mdsone.com/images/poweredby.gif" border="0" height="1px" width="1px"/>
  </a>
</t>

Hi Kent,

You can use this code:

<xsl:text disable-output-escaping="yes"><![CDATA[
    <object classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=9,0,0,0" height="480" width="854" id="sn_player" align="middle">
        <param name="allowFullScreen" value="true" />
        <param name="allowScriptAccess" value="always" />
        <param name="wmode" value="transparent" />
        <param name="allownetworking" value="all" />
        <param name="bgcolor" value="#000000" />
        <param name="movie" value="http://studio.io/swf/player45.swf?1" />
        <PARAM name="flashvars" value="file=http://studio.io/build_xml_wzd_sn.php?player=9744_playlist-live-.xml&backcolor=000000;&frontcolor=CCCCCC&lightcolor=FFFFFF&screencolor=AAAAAA&=Save&controlbar=bottom&skin=http://mdsone.com/swf/stylish/modieus_arial_live.swf&autostart=true&displayclick=play&icons=true&mute=false&repeat=none&shuffle=false&stretching=fill&plugins=yourlytics-1,update_playlist,captions-2&viral.onpause=false&yourlytics.callback=http://www.mdsone.com/jw_callback.php;" />
        <embed src="http://studio.io/swf/player45.swf?1" quality="high" height="480" width="854" id="sn_player" align="middle" allowScriptAccess="always" allowfullscreen="true" bgcolor="#000000" wmode="opaque" type="application/x-shockwave-flash" flashvars="file=http://studio.io/build_xml_wzd_sn.php?player=9744_playlist-live-.xml&backcolor=000000;&frontcolor=CCCCCC&lightcolor=FFFFFF&screencolor=AAAAAA&=Save&controlbar=bottom&skin=http://mdsone.com/swf/stylish/modieus_arial_live.swf&autostart=true&displayclick=play&icons=true&mute=false&repeat=none&shuffle=false&stretching=fill&plugins=yourlytics-1,update_playlist,captions-2&viral.onpause=false&yourlytics.callback=http://www.mdsone.com/jw_callback.php;" pluginspage="http://www.macromedia.com/go/getflashplayer">
        </embed>
    </object>
    <a href="http://www.mdsone.com" border="01">  
        <img src="http://www.mdsone.com/images/poweredby.gif" border="0" height="1px" width="1px">
    </a>
]]>
</xsl:text>

When you wrapped your code in a CDATA section everything inside a CDATA section is ignored by the XML parser. 

More about the CDATA section

/Dennis

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