Replace homepage slideshow with a video

Hi,

I’m using the Discover theme and would really like to replace the homepage slideshow with a video instead… It can be the same kind of dimensions but rather than a still image from the video, linking to the YouTube page, I want to embed a video so that it can be played on the homepage and go in place of the current slideshow (but still have the text next to it). Could you please advise me of the best way to do this?

Thanks,
Michelle