So I have a Daewoo TV that's less than 3 years old, and has successfully connected with DVD players, VCR's and stereos in the past.
I recently obbtained a new DVD player- Insignia, very basic. It came with a cable (~ 2 or 3 ft) that has 3 prongs on each end, red, yellow, and white. I was assured by the guy at the store that this would be all I needed.