MovieTexture doesn't work in Unity 5 Free

I have .mov file and it worked in Unity 4 Pro as a Movie Texture.
But now in Unity 5 it doesn’t work and moreover I just can’t drag and drop the movie file to the texture field in the shader and I can’t watch the movie file in the preview window…
so, it seems its not supported? or API changed?

FIXED: it actually works but you have to reimport the videos after updating from u4 to u5. my problem was that unity didnt recognize the video texture.

In case anyone else comes looking. Unity 5 uses OGG Theora so whenever you import video files it converts them to .ogv in order to play them at runtime. Moreover playback happens on the cpu so make sure you absolutely need it.
@DemonicDaron, I have no idea why your .ogv didn’t play but that’s definitely the best asset filetype when using MovieTextures in Unity.

does it works on Unity 5 free?
because we have the same problem…

@Horz Unity easily supports to ogg file format movie…and it gives option to import it into Movie Texture. So it will be easily used in unity Personal.
See below image…