Photoshop is not meant for Video editing work. You need: Adobe Premiere Pro CS6 or Adobe Premier Elements 11.
Hope this helps.
Hi. You’ve posted your question in a forum that is for beginners trying to learn the basics of Photoshop. I'm moving your question to the Photoshop General Discussion forum for specialized attention to your situation.
We cannot know. You are not providoing any info on your system or what specific kind of video you are trying to edit. that aside, the component being missing or not being able to load indicates that eitehr the program was never properly installed or you are running with insufficient user privileges.