Transparent Text Box Over Video Creates Tunnel Through Video

mindcell Community Member Posts: 25
I want to use a transparent text box over a video file so that the video is the background seen through text box.

I want the bkgnd of my text box to be the video file because it is moving water.

Even though the transparent text box is on the top layer, I am not seeing the video as the text box background. It (sort of) makes a hole through the video and I can see the object underneath it, or if no objects, I see the title background.

Is it possible to make a transparent text box over a video (or flash file) without making it transparent through the video itself.