WINDVD Pro 11 Crashes

[theshoe]

I recently reinstalled Windows 8 pro and re-installed my copy of WINDVD However when I load the software it crashes and I get the following entry in the event log

Faulting application name: WinDVD.exe, version: 11.0.0.342, time stamp: 0x4e9b9c3a
Faulting module name: LogicLayer.dll, version: 11.0.0.342, time stamp: 0x4e9b9ff7
Exception code: 0xc0000005
Fault offset: 0x00010900
Faulting process ID: 0x1a68
Faulting application start time: 0x01ced5636a92449f
Faulting application path: c:\Program Files (x86)\Corel\WinDVD11\WinDVD.exe
Faulting module path: c:\Program Files (x86)\Corel\WinDVD11\LogicLayer.dll
Report ID: b2461ddf-4156-11e3-be89-94de802bcca8
Faulting package full name:
Faulting package-relative application ID:

Has anyone else seen this? I have googled it and there wasn't a lot of useful information.