1-VideoPlayerView-Unidirectional.swift

struct AVPlayerViewWrapper: UIViewControllerRepresentable {
    var url: URL
    var shouldStartPlayback: Bool

    func makeUIViewController(context: Context) -> AVPlayerViewController {
        let controller = AVPlayerViewController()
        controller.player = AVPlayer(url: url)
        return controller
    }

    func updateUIViewController(_ uiViewController: AVPlayerViewController, context: Context) {
        if shouldStartPlayback {
            uiViewController.player?.play()
        }
    }
}

struct VideoPlayerView: View {
    var url: URL
    @State var shouldStartPlayback = false

    var body: some View {
        VStack {
            AVPlayerViewWrapper(url: url, shouldStartPlayback: shouldStartPlayback)
            .aspectRatio(contentMode: .fit)
            .padding(.vertical, 0)
            .onAppear {
                shouldStartPlayback = true
            }
            Spacer()
        }
    }
}

struct VideoPlayerView_Previews: PreviewProvider {
    static var previews: some View {
        VideoPlayerView(url: URL(string: "https://devstreaming-cdn.apple.com/videos/streaming/examples/bipbop_adv_example_hevc/master.m3u8")!)
    }
}

2-VideoPlayerView-Bidirectional.swift

struct AVPlayerViewWrapper: UIViewControllerRepresentable {
    var url: URL
    @Binding var isPlaying: Bool

    func makeUIViewController(context: Context) -> AVPlayerViewController {
        let player = AVPlayer(url: url)
        NotificationCenter.default.addObserver(context.coordinator, selector: #selector(Coordinator.noteRateDidChange), name: AVPlayer.rateDidChangeNotification, object: player)
        let controller = AVPlayerViewController()
        controller.player = player
        return controller
    }

    func updateUIViewController(_ uiViewController: AVPlayerViewController, context: Context) {
        if isPlaying {
            uiViewController.player?.play()
        } else {
            uiViewController.player?.pause()
        }
    }

    func makeCoordinator() -> Coordinator {
        Coordinator()
    }

    class Coordinator {
        var isPlaying: Binding<Bool>?

        @objc func noteRateDidChange(_ note: Notification) {
            guard let player = note.object as? AVPlayer else { return }
            isPlaying?.wrappedValue = player.rate != 0
        }
    }
}

struct VideoPlayerView: View {
    var url: URL
    @State var isPlaying = false

    var body: some View {
        VStack {
            AVPlayerViewWrapper(url: url, isPlaying: $isPlaying)
            .aspectRatio(contentMode: .fit)
            .padding(.vertical, 0)
            .onAppear {
                isPlaying = true
            }

            Spacer()
        }
    }
}

struct VideoPlayerView_Previews: PreviewProvider {
    static var previews: some View {
        VideoPlayerView(url: URL(string: "https://devstreaming-cdn.apple.com/videos/streaming/examples/bipbop_adv_example_hevc/master.m3u8")!)
    }
}

Additional exercise for the reader: it would likely be prudent for updateUIViewController to check if the url has changed, as the system can and will reuse representable views with different parameters.