Flash and Photoshop Color Shifting and Solution

Michal Ninnes talks about the problem with colors shifting on files imported from Photoshop into Flash. The main culprit is Flash's inability to accept embedded color profiles. Flash assumes that graphics imported into it are in the sRGB space. If you set Photoshop to convert RGB images to sRGB upon opening in the Color Settings dialog, you'll have better success moving files between Photoshop and Flash.