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Hi my name is ***** ***** is the size in GB of the video your storing, and what codec are you looking to use to stream it?
Vimeo is a company that has built is hosting solution specially around video, and is a big player in the market.
Amazon S3 is a storage solution, so not optimised for video steaming.
I would suggest you opt for Vimeo, as it would be cheaper in terms of running costs, but also offer you a far better end user experience due to its own wrapper for transcoding video etc.you
Let me know if you need anything further.
Think the codec as the language used within the file format, Vimeo offers a full wrapper so it handles all of that for you so its just a case as you suggest download the files from Amazon, then upload them to your new Vimeo account.
Wordpress is a very backward solution for hosting websites, it will be at the wordpress side where your incurring latency and performance issues, a website like this one here often shows you where your encountering delays.
There are ways you can do it but rather technical using the command line interface, you basically set the source bucket user with write access to your new destination bucket and use a command to transfer the files.
An example of the command to use would be aws s3 cp "s3://source/video.mp4" "s3://destination/" --acl bucket-owner-full-control
Have a look at the video here, the process for downloading is the same as uploading.