Solved Error code 1935 and HRESULT: 0x80070003 and MS Support advice

mikesndbs

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Hi, I really hope someone can help.

I have the errors when trying to install Corel Video Studio (]Video-editing software - VideoStudio Ultimate X8

It starts and fails generating the error codes.
Product: Microsoft Visual C++ 2005 Redistributable -- Error 1935.An error occurred during the installation of assembly 'Microsoft.VC80.ATL,type="win32",version="8.0.50727.6195",publicKeyToken="1fc8b3b9a1e18e3b",processorArchitecture="x86"'. Please refer to Help and Support for more information. HRESULT: 0x80070003. assembly interface: IAssemblyCache, function: CreateAssemblyCacheItem, component: {97F81AF1-0E47-DC99-A01F-C8B3B9A1E18E}

Which seems a common issue, I tried loads of things based on MS help options and then connected with a MS tech support who ran system internals and pointed me at the attached yellow highlighted area saying it was the cause of my issue, but to fix it would cost me $90 to enroll.
I have declined this as i am very, very unsure.

Please can someone help me with both these issues?
 

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I'm no expert on such matters but I did find this from Microsoft.

Download Microsoft Visual C++ 2005 Redistributable Package (x86) from Official Microsoft Download Center


System Requirements
Supported Operating System

Windows 2000 Service Pack 3, Windows 98, Windows 98 Second Edition, Windows ME, Windows Server 2003, Windows XP Service Pack 2
I'm not sure why Corel Video Studio would want that particular old version of Visual C++ on a Windows 7/64 Pro.

From the Corel site.

Video-editing software - VideoStudio Ultimate X8

Intel Core Duo 1.83 GHz Processor or AMD Dual Core 2.0 GHz Processor (Intel Core i5 or i7 Processor, or AMD Phenom II X6 or X8 Processor recommended)
Microsoft Windows 8 or Windows 7 with latest service packs installed (32-bit or 64-bit editions)
 

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My Computer My Computer

At a glance

Windows 7 pro 64bit SRP1intel i5-4460 @3.20GhzType DDR3 Size 16GBNVIDIA GeForce GTX 1050
Computer type
PC/Desktop
Computer Manufacturer/Model Number
Novatech ltd
OS
Windows 7 pro 64bit SRP1
CPU
intel i5-4460 @3.20Ghz
Motherboard
Manufacturer Gigabyte Technology Co., Ltd. Model H81M-DS2V (
Memory
Type DDR3 Size 16GB
Graphics Card(s)
NVIDIA GeForce GTX 1050
Hard Drives
Samsung SSD 840 EVO 500G SCSI Disk Device
TOSHIBA DT01ACA100 SCSI Disk 1TB
WDC WD10EFRX-68PJCN0 SCSI Disk Device 1TB (red)
TOSHIBA DT01ABA300 SCSI Disk Device
PSU
600w
Antivirus
Kaspersky internet securities
Browser
Chrome and IE
Other Info
Back up, Acronis True image 2014 to external 2TB drive via front e-sata port supplied by PCI express card.
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