Roku Developer Program

[Skopy]

Hi,
I am trying to develop a channel which streams video's from a hosted site.

I used the simplevideoplayer example and changed the URL to my hosted site. I see the app in my Roku2 XS. When i click on it, it says retrieving data and progress bar completes loading. I dont hear any video/audio then. When i forward few minutes and play, i can hear the audio briefly for 2-3 seconds but no video. Then both video and audio does not play.

Any pointers as to what i am missing? Is this a video and audio codec issue? I dont happen to know the exact codec used by the video. The video is 350kbps.
Below is what i modified in the simplevideoplayer example

urls = ["http://myURL.com/abc.wmv"]
    qualities = ["SD"]
    StreamFormat = "wmv"
    title = "Hello World"
    srt = "file://pkg:/source/craigventer.srt"

Update:
VLC tells me that the codec used the stream is below. Not sure if this accurate.
Audio : WMA2
Video : Windows Media Video 8 (WMV2)


Below is my spec
Roku2 XS
Wired connection