Windows 8 had a MAJOR update earlier this week, which MAY mean that your graphic adapter driver has been made "out of date" by Windows
What is your exact brand/model graphics adapter (ATI or nVidia or ???)
What is your exact graphics adapter driver version?
Have you gone to the vendor web site to check for a newer driver?
For Windows, do NOT rely on Windows Update to have current driver information
-you need to go direct to the vendor web site and check updates for yourself
ATI Driver Autodetect http://support.amd.com/en-us/download/auto-detect-tool
nVidia Driver Downloads http://www.nvidia.com/Download/index.aspx?lang=en-us
You may need a chat person to do a "remote viewing" of your computer
Chat Now button near the bottom for Activation and Deactivation may help
Since tech is not open on the weekends, if this helps anyone: This is the general event log:
Faulting application name: Adobe Premiere Pro.exe, version: 22.214.171.124, time stamp: 0x532c3999
Faulting module name: GPUFoundation.dll, version: 126.96.36.199, time stamp: 0x532c367b
Exception code: 0xc0000005
Fault offset: 0x000000000009a8f5
Faulting process id: 0x2704
Faulting application start time: 0x01cf56a43c1df195
Faulting application path: C:\Program Files\Adobe\Adobe Premiere Pro CC\Adobe Premiere Pro.exe
Faulting module path: C:\Program Files\Adobe\Adobe Premiere Pro CC\GPUFoundation.dll
Report Id: 7e0a09ee-c297-11e3-beaa-3c77e69713f8
Faulting package full name:
Faulting package-relative application ID:
I found this:http://forums.adobe.com/message/5983976
They have the same problem.
I have two graphics, one on my CPU which is Intel HD Graphics 4600 and a card: NVIDIA GeForce GT 730M.
If I disable my Intel Graphics then the program launches.