avconvert: failed to create Export Session. Check setup
I'm trying to convert an mpeg file so its readable on my macbook pro, I have OS 10.7.5. I right click the file and select Encode selected video file. For setting I click 1080p. The next window pops up:
acconvert: failed to create an Export Session. Check setup.
What now???
MacBook Pro, Mac OS X (10.7.5)