"Songbird is a complete desktop media player or "jukebox" with a uniquely open approach to Internet digital media network services. Songbird is developed by Pioneers of the Inevitable, a small, chirpy team of digital media innovators whose previous incubations include the Winamp 5 and Y! Music Engine media players and Muse.Net, a location-independent digital media network service acquired by Yahoo!. "
If you are itching for an open source alternative to Windows Media Player, this project should have a new toy for you to try out in the next few weeks.