Traian wrote:Another trick in addition to disabling the AV would be running the installer in administrative mode:
I tried installing with antivirus turned off and repairing the installation again with AV off, still the same error.
Traian, you are probably using Windows 8 N or KN - these don't have Windows Media Player integrated.
I had the same issue and after installing this Microsoft patch everything was fine:
For Windows 8.1 N use this one: