Only exists in systems that have various "Sound Blaster Live" (Creative Labs) sound cards and WinDVD (InterVideo, Inc.) installed. This is a documented compatibility problem between some "Sound Blaster Live" cards and the WinDVD product. The problem is realized when MP3 oriented applications call upon certain sound card services making it look as though the error was raised from within the application in question.
1. Search your computer for the location of the files: IVIAUDIO.AX and IVIVIDEO.AX [START > Search, or just push F3 button]
2. Then launch command prompt [START > Run], and type in the following string - regsvr32 /u "IVIAUDIO.AX"
3. Press the OK button.
4. When presented with the successful pop-up, press the OK button.
5. Type in the following string - regsvr32 /u "IVIVIDEO.AX"
6. Press again the OK button
7. When presented with the successful pop-up, press the OK button, close all windows and applications and re-boot your system.
Note: Where is the fully qualified path name to the 2 files (IVIAUDIO.AX and IVIVIDEO.AX) (i.e. c:program filesintervideocommonbinivi...).
• Related links:-
How to fix Class not registered or 80040154 error-
How to install/uninstall DLL and AX codec files 
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