update(s)
private function updateTimeDisplay(event:VideoEvent):void
{
timeDisplayFormatter.formatString = "N:SS";
var currentTime:Date = new Date ( start.getTime() + (event.playheadTime * 1000) );
this.tf_playtimeDisplay.text = timeDisplayFormatter.format(currentTime) + "/" + this.videoLength;
}
This method toggles the pause/play state.