If you just want to develop a personalized player and you want to finish it as soon as possible you could simple use Visual Basic and exploit the power of the media libraries of windows.
C++ is also a good language to start with, but the route is too steep. There are lots of libraries and codecs usage examples on this language.
If you want to develop a lightweight and cross platform media player. your best bet is to you use Java with Java Media Framework.
I hope that I become of any help with you.
Thanks!
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