If that movie crashes in mediaplayer....then the movie is corrupt. If you notice that the sound timing is off, when compairing it from mediaplayer to the game....
The turning down Sound Acceleration might solve it. Go into dxdiag, and move the slider to basic mode.
I had a crash there....my game would crash as soon as Tifa would fall on the Airship. It so happened that the Weapon that screams....would sound off right at that point. The sound timing was off.... Doing the dxdiag thing fixed it on my machine.
But mind you...this was with Win98 using a SBlive card with drivers that were not meant to work with DX9.