I don't see how it would be possible to monetize a media player, unless you made it freeware and introduced an advertising bar after you had like a million users already. There are just too many other freeware/shareware options out there, like Gom.
I'm curious-- what language/IDE do you work in, and what other projects are you looking at?
I'm curious-- what language/IDE do you work in, and what other projects are you looking at?