I'm working on a IOS App (With Storyoard). I have a ViewController:
//movieViewController.h
#import <UIKit/UIKit.h>
#import <MediaPlayer/MediaPlayer.h>
@interface movieViewController : UIViewController {
    MPMoviePlayerViewController *moviePlayer;
}
@property (strong, nonatomic) MPMoviePlayerViewController *moviePlayer;
-(void) playMovie;
@end
//movieViewController.m
- (void)viewDidLoad
{
    [super viewDidLoad];
// Do any additional setup after loading the view.
    [self playMovie];
}
-(void)playMovie
{
    NSString *videoPath = [[NSBundle mainBundle] pathForResource:@"movie"
                                                      ofType:@"mov"];
    moviePlayer = [[MPMoviePlayerViewController alloc] initWithContentURL:[NSURL
                                                     fileURLWithPath:videoPath]];
[self presentMoviePlayerViewControllerAnimated:moviePlayer];
}
When I run I see my viewController with a "Loading..." that takes forever.

You should call -prepareToPlay and/or -play. Per MPMoviePlayerController's documentation: 
Starting in iOS 5.0, in order to facilitate finer-grained playback control, a new movie player is not automatically prepared to play.
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