Embed vimeo, using JS API to remove itself when finished playing.

videooverlay.html

<div style="width:100%; height:100%; clear:both; position:absolute; top: 0; left: 0; z-index:99; overflow:hidden;" id="video-layer">
  <iframe id="player1" src="http://player.vimeo.com/video/63243786?api=1&player_id=player1&title=0&byline=0&portrait=0&autoplay=1" width="1200" height="675" frameborder="0" webkitAllowFullScreen mozallowfullscreen allowFullScreen style="min-height: 100%; max-height: 100%; min-width: 100%; max-width: 100%; width: 100%; height: 100%; position: absolute; z-index: 50;"></iframe>
  <a class="video-link" href="#" style="position: absolute; z-index: 55; bottom: 10%; left: 10%; color: #fff;">Skip Video</a>
</div>

<script type="text/javascript">
(function ($) {
  "use strict";

  var f = $('#player1'),
  url = f.attr('src').split('?')[0];

  // Helper object to test for mobile devices.
  var isMobile = {
    Android: function() {
        return navigator.userAgent.match(/Android/i);
    },
    BlackBerry: function() {
        return navigator.userAgent.match(/BlackBerry/i);
    },
    iOS: function() {
        return navigator.userAgent.match(/iPhone|iPad|iPod/i);
    },
    Opera: function() {
        return navigator.userAgent.match(/Opera Mini/i);
    },
    Windows: function() {
        return navigator.userAgent.match(/IEMobile/i);
    },
    any: function() {
        return (isMobile.Android() || isMobile.BlackBerry() || isMobile.iOS() || isMobile.Opera() || isMobile.Windows());
    }
  };

  // Helper functions to set and read cookies.
  function createCookie(name,value,days) {
    var expires = "";
    if (days) {
      var date = new Date();
      date.setTime(date.getTime()+(days*24*60*60*1000));
      expires = "; expires="+date.toGMTString();
    } 
    document.cookie = name+"="+value+expires+"; path=/";
  }

  function readCookie(name) {
    var nameEQ = name + "=";
    var ca = document.cookie.split(';');
    for(var i=0;i < ca.length;i++) {
      var c = ca[i];
      while (c.charAt(0)==' ') { 
        c = c.substring(1,c.length);
      }
      if (c.indexOf(nameEQ) == 0) { 
        return c.substring(nameEQ.length,c.length);
      }
    }
    return null;
  }

  // Handle messages received from the player
  function onMessageReceived(e) {
    var data = JSON.parse(e.data);

    switch (data.event) {
      case 'ready':
      onReady();
      break;

      case 'finish':
      onFinish();
      break;
    }
  }

  function post(action, value) {
    var data = { method: action };
    if (value) { data.value = value; }
    f[0].contentWindow.postMessage(JSON.stringify(data), url);
  }

  function onReady() {
    post('addEventListener', 'finish');
    if (isMobile.any()) {
      window.setTimeout(post('pause'), 400);
    }
  }

  function onFinish() {
    $('.frontpage-wrapper').attr('style', 'visible');
    $('#video-layer').detach();
    createCookie('scopevideo2','played',1);
  }

  $(document).ready(function() {
    var playedStatus = readCookie('scopevideo2');
    if (Modernizr.postmessage && playedStatus !== 'played' && document.documentMode != 7) {
      $('.frontpage-wrapper').attr('style', 'visibility: hidden;');
      $('.video-link').bind('click', function (event) {
        event.preventDefault();
        onFinish();
      });

      // Listen for messages from the player
      if (window.addEventListener){
        window.addEventListener('message', onMessageReceived, false);
      }
      else {
        window.attachEvent('onmessage', onMessageReceived, false);
      } 
    } else {
      $('#video-layer').remove();
    }
  });
})(jQuery);
</script>

IE8 in IE7 compat. mode reports true on Modernizr.postmessage, but doesn't actually delivers postMessage support - so added a check for IE8 in compat mode.