VideoStudio :: Video Won't Share As MPEG4

My video won't share as a MPEG-4 HD. Here are the steps I take:

1. Click the "Share" Tab
2. Click "Create Video File"
3. Click "MPEG-4"
4. Click "MPEG-4 HD
5. Select the destination folder for the output
6. Click "Save".

The progress shows 0% and the progress bar goes away after fifteen seconds. I am sharing it as an MPEG-4 HD file because it will be placed on Youtube by someone else. I've probably done four of these projects the same way and they execute just fine.

Here's some more informtion:


Brand: Dell Laptop
HDD: 464GB; Used Space 153GB; Free Space 311GB
Processsor Intel(R) Cor (TM) i7 CPU Q820 #1.73GHz 1.73GHz
Ram: 8GB
System Type: 64 Bit Operating System
Pen and Touch: Pen and Touch is available through 80 touch points
The video is a WMV2, 24 bits 1024 x768, 29.982 frames/second; Audio is windows media audio version 4, aspect ratio is 1.33 x 1.00. It is editable.

Here's how my timeline looks:

BLACK GRAPHIC = 2 SECONDS; TRANSITION (FADE TO BLACK) = 2 SECONDS; 10 SECOND CLIP; 3 SECOND CLIP; 00:42:33 CLIP.