Some Quick Keyboard Shortcuts For Windows Media Player 11.

To play to previous item press CTRL + B
To play the next item press CTRL + F
To play or pause a file type CTRL + P
To stop playback use CTRL + S
To rewind video press CTRL + SHIFT + B
To fast forward through video or music use CTRL + SHIFT + F
To turn subtitles and captions off press CTRL + SHIFT + C
To close or stop playing a file use CTRL + W
If you want to eject CD or DVD press CTRL + J

Watch This Vide for More Shortcuts For Windows Media Player 11: