AccessViolation (0xc0000005) before video starts playing

My Windows Form Application is closing unexpectedly and the debug console says AccessViolation 0xc0000005 before starting to play the video.

I'm starting the video with the following code:

private void Form1_Load(object sender, EventArgs e)
{
    axWindowsMediaPlayer1.URL = @"C:\Program Files\MyApp\Video.mp4";
    axWindowsMediaPlayer1.Ctlcontrols.play();
}

If video ends close it and exit from form:

private void axWindowsMediaPlayer1_PlayStateChange(object sender, AxWMPLib._WMPOCXEvents_PlayStateChangeEvent e)
{
    if(e.newState == 8)
    {
        axWindowsMediaPlayer1.close();
        this.Close();
    }
}

Player's designer code

this.axWindowsMediaPlayer1.Anchor = ((System.Windows.Forms.AnchorStyles)((((System.Windows.Forms.AnchorStyles.Top | System.Windows.Forms.AnchorStyles.Bottom) | System.Windows.Forms.AnchorStyles.Left) | System.Windows.Forms.AnchorStyles.Right)));
this.axWindowsMediaPlayer1.Enabled = true;
this.axWindowsMediaPlayer1.Location = new System.Drawing.Point(0, 0);
this.axWindowsMediaPlayer1.Name = "axWindowsMediaPlayer1";
this.axWindowsMediaPlayer1.OcxState = ((System.Windows.Forms.AxHost.State)(resources.GetObject("axWindowsMediaPlayer1.OcxState")));
this.axWindowsMediaPlayer1.Size = new System.Drawing.Size(1906, 1066);
this.axWindowsMediaPlayer1.TabIndex = 2;
this.axWindowsMediaPlayer1.PlayStateChange += new AxWMPLib._WMPOCXEvents_PlayStateChangeEventHandler(this.axWindowsMediaPlayer1_PlayStateChange);

Debug Output:

The program '[(PID)] game.vshost.exe' has exited with code -1073741819 (0xc0000005) 'Access violation'.

I have tried to use try-catch but the error isn't being catched. But the problem isn't try-catch. Application is running with administrator rights.

Application's event from Windows Event Viewer:

D3D9.DLL

Faulting application name: game.exe, version: 1.0.0.0, time stamp: 0x58a1bd65
Faulting module name: D3D9.DLL, version: 10.0.14393.447, time stamp: 0x5819bcea
Exception code: 0xc0000005
Fault offset: 0x0000000000010207
Faulting process id: 0x189c
Faulting application start time: 0x01d2860e39d0d6e7
Faulting application path: C:\Users\Lenovo\Desktop\game.exe
Faulting module path: C:\WINDOWS\SYSTEM32\D3D9.DLL
Report Id: 21a37f31-b9d0-4137-ad79-35d608e10916
Faulting package full name:
Faulting package-relative application ID:

NET Runtime

Application: game.exe
Framework Version: v4.0.30319
Description: The process was terminated due to an unhandled exception.
Exception Info: expection code c0000005, expection address 00007FFFD7490207

My PC is Windows 10 Single Language 1607 (14393.693)

TINY NOTE: This error throwns all of my Projects after created or edited 1 month ago.

UPDATE: The same errors are thrown on the Windows Server 2012, Windows 8.1 and Windows 7 Virtual Machines and my PC

Sorry for bumping this thread, but maybe this can help someone.. I had a same problem, the workaround was to change the default graphic processor from external (nVidia) GPU to Integrated (Intel) GPU.