Is there an option/add on available for embed code

I'm fleshing out a video project and one of the requirements is that the videos be embeddable on other sites. Does the Video module provide this feature or is there another module that can be added or is there an easy way to make this happen? Thanks in advance for any input. I've been Googling around but haven't uncovered anything yet. It's a hard search since embed is almost always embedding into Drupal but I need to embed from Drupal. I've used Kaltura in the past and it provides this feature but I would like to stay away from it if possible as it's a little monolithic.