A playback method is provided for reading out and playing streams from a recording medium. Recorded in the recording medium are a stream file including a first luminance video expressed by luminance of a first dynamic range, and a second luminance video expressed by luminance of a second dynamic range that is broader than the first dynamic range; a playlist file for controlling playback of the stream file; and a number of elementary streams. The playback method includes when playing the first luminance video, reading out any one of the elementary streams listed in the first combination information of the playlist file, and playing at the same time with the first luminance video; and when playing the second luminance video, reading out any one of the elementary streams listed in the second combination information of the playlist file, and playing at the same time with the second luminance video.