Windows Media Player

I have this problem for ages now, and it sucks like hell. I can't view streaming videos because WMP just loads and doesn't play. And when I click error details, it says this:

"Windows Media Player cannot play the file. This can occur when another program or operating system component encounters a problem but does not communicate the nature of the problem to the Player."

The most n1 explanation ever imo. Anyone has/had this problem and maybe fixed it?
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