Modules for media management I am looking at the ability to management off and online video content.
I need to be able to add media using text filters and to search for media within the cms.
What is a good module for a modal style background when playing video?
I need to arrange videos into playlists by artists and create gallerys.

On my research I have come up with the following:

Media
Searching Media
http://drupal.org/project/apachesolr_media
http://drupal.org/project/apachesolr
http://drupal.org/project/apachesolr_file

http://drupal.org/project/media (for managing media) 
http://drupal.org/project/media_gallery (for managing galleries of images and videos) http://drupal.org/project/mediaelement (for local files) http://drupal.org/project/multiform

More info:http://www.slideshare.net/G_N/drupal-7-media-modules

If you can give me any more information that would be great.
You also needs views and taxonomy to build the lists.
I'll add also shadowbox or colorbox to play videos in a modalframe.