Q:

Hide frame, progress bar and buttons from Youtube film

At a page I am showing a Youtube film in a lightbox.
I then want to show only the raw video film - no controls, play/pause buttons, fullscreen option, progress bar etc.
Right now it looks like this:

and I simply need to remove the top and bottom flash bars with icons. I know it slides away while the films is running, but I wish to always have them hidden.
Is this possible to hide from the film?
Update
From the answer from @Sven below I added controls=0&showinfo=0&rel=0 to the URL in the iframe and got the following:

This works fine for the purpose. It seems though that a Youtube logo is visible in the lower right corner instead when this other stuff is removed. This logo is only shown at hover.
Any ideas to hide this last bit?

A:

Depending on how you are inserting the video, there are several configuration options. 
https://developers.google.com/youtube/player_parameters 
If you insert the link directly as an iframe most of the options work as GET parameters. In your case add controls=0&showinfo=0 to the video url.

