Kevin Lynch (emphasis added):

Adobe supports HTML and its evolution and we look forward to adding more capabilities to our software around HTML as it evolves. If HTML could reliably do everything Flash does that would certainly save us a lot of effort, but that does not appear to be coming to pass. Even in the case of video, where Flash is enabling over 75% of video on the Web today, the coming HTML video implementations cannot agree on a common format across browsers, so users and content creators would be thrown back to the dark ages of video on the Web with incompatibility issues.

C’mon, that’s not fair! Everyone following this story knows that Mozilla won’t include the H.264 codec because of licensing fees. There’d be no “disagreement” if it were an open standard but patent holders wanna get paid.