iMovie '13 - Video rendering error: -50
I recently upgraded to OSX Mavericks and updated iMovie. I created a new project to test out the new UI and functionality however I cannot share my project. Regardless of the destination I get the error below. I have already repaired permissions and rebooted but unfortunately no luck. I have also tried various resolutions. Any assistance would be greatly apprecaited.
The share operation "File" has failed.
Video rendering error: -50
MacBook Pro, OS X Mavericks (10.9)