Step by step repo:
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New Project
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Add Media Player
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[X] Video Output MediaTexture Asset
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Drag in Movie
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Play
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**Looping is not seamless. About 50% of the times it loops - it flashes black and the Pause button grays out and the Play button lights up for a very very small amount of time. **
Settings in Media Player:
[X] Play on Open
[ ] Shuffle
[X] Looping
Settings in Media Texture:
Compression Settings - Default
[X] sRGB
[ ] Auto Clear
Clear Color - 0.0, 0.0, 0.0, 1.0
Decoder
WmfMedia
OS
Windows 10
Notes
Video files used were seamless in 4.17