Today wordPress 4.8 has been rolled out. Among numerous additions and fixes what most will notice are the new widgets. This is very welcomed addition so we can stop using workarounds and hacks.
You can now add: Video Widget, Audio Widget, Rich Text Widget, Image Widget
Content can be added from either uploaded media library or the external source. It can embed videos from Youtube as well.
Media selector allows you to choose media source folder from uploaded files. Below few screenshots display how they appear with content.
How to add content to the new widgets
Content can be added from wordpress Media Library or external sources given you can provide URL for the files. Youtube linking works.
Just to clarify, Rich Text widget replaced basic text widget. and now has a “text” tab where you can format it with html.