This issue is known to occur if the graphics card driver is not updated properly. I would recommend you to update your graphics card driver.
Refer this link for more information:
You can also download the latest drivers for your graphic card from the manufacturer’s website.
If that doesn’t help, then uninstall Windows Movie Maker completely.
Follow these steps to uninstall Windows Movie Maker:
1. Go to start menu and click on Control panel.
2. Click on programs and then open Programs and Features
3. Select Movie Maker and then click Uninstall.
Refer this link:
Uninstall or change a program:
Redownload Windows Live Movie Maker from the link mentioned below and reinstall it again.
Reply back with the status.