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But if you don't feel messing with that I suggest you go to:
C:\Program Files (x86)\Steam\SteamApps\common\MovieStudioPlatinum130\Movie Studio Platinum 13.0\FileIO Plug-Ins
and in that folder rename folder (most likely called "compoundplug") by adding extra letter or something like that ("compoundplugg").
This will force to use secondary codecs for mp4 but if your video uses other encoding then not only that this trick won't work but also for others there is no secondary plugin only mp4 has two.
Green screen only happens if there something not installed correctly and this software is very sensitive about that but with your video its prob alright.
Thankyou !!!
Genius.