It may be a faulty install, or something important has got overwritten. In the first instance re-install PRE and see if that sorts things out.
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Also, go to Windows Update and ensure you have even the non-critical updates. (You can pick up important drivers this way.) And go to Apple.com and ensure you have the latest version of Quicktime.
Welcome to the forum.
First, what make/model of video card do you have?
Next, what is the driver version for that card?
Is that the very latest from the mfgr's. Web site? If not, the next step would be to download and install that. This would be a good time to also get the latest audio driver, probably from the Realtek Web site and install that too.
If the error message does not go away with the new drivers installed, then it might be time to investigate all of the settings, especially for your video card.