I’ve had this problems since i reinstalled windows some months ago and it’s basicly This:
ALL my movies/movie files play well enough, yet they ALL have a red... glow to em and is basicly unwatchable. imagine that you have a movie and you turned a button called “Red Color” on MAX... thats how it looks.
as i said, it’s been going on ever since i had reinstall windows.... but i’ve made sure to get ALL codecs again...
Can Anyone help?
-Wrangque :D 
OH ye and by the way...
It’s with ALL players.. tried about 1000 of em now, even the famous VLC player :D
Quite diffcult to pinpoint the bug. Try
reformat the hard disk & install Window XP.