Create a Youtube Playlist channel (on demand)
Go to " Channels" page. Here you can create a scheduled channel clicking in the "Create channel" dropdown button and then choosing "Youtube Playlist".
Then type the channel name, add the URL Youtube Playlist and customize your channel adding a logo (preferably PNG with transparent background) at the top left or right, a logo link, the color you want to appear on the player control and a twitter account.
Then press " Accept" to create the channel.
The created channel will be continuously running 24/7.
Now you can preview or embed the channel clicking on the corresponding buttons. Here you can find a detailed information about how to embed the player on your site.