This might be a good alternative to your currently used audio player, especially as it supports all popular audio formats (including m3u playlists) and also includes many useful options and powerful features.
Spyder Player comes with a nice looking interface, easy to handle. You can play audio CDs and stream files from internet, create playlists with your favorite music (MP3s, M4As, WAVs, WMAs, OGGs and other media types) as well as rip CDs and convert audio to different formats.
The application also features a ten-band equalizer and various presets, as well as options to edit tags info and hotkeys, enable and customize spectrum analyzer and oscilloscope visualizations, download lyrics and edit them.
As a conclusion, it is worth trying Spyder Player. It’s simple to use and includes lots of handy features.