An electronic device includes a media player and a control unit operable to selectively access any one of a plurality of different types of media sources, such as a local media file memory, and at least one signal input for media data received through a communication connection from an external source, such as a streaming media data or a real time FM radio signal. A user-operable key is carried on the device, which upon activation triggers the control unit to store data related to a currently accessed media source in a playlist. Both the storage and selection of a playlist, which are dependent on from which type of media source the media data is accessed, are performed automatically in the device.