I am trying to fix the Windows Live installed in my computer when I got the error message Error 0x80040607

Initially, when I tried the Movie Maker, no images were showing in the preview pane so I tried to update/upgrade. After upgrading, I still experienced the same problem so I tried restore from a previous version.

After restoring, Movie Maker wouldn't launch. Tried to fix and that's how I got the error message.

I'm using Windows 7 Home Premium 64 bit.