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When Premiere or after effects is not able to start, or slow startup, reporting “Adobe Premiere Pro could not find any capable video play modules”.

The solution is this:

  1. Restart the computer
  2. Remove and send to the bin the “dynamiclinkmanager.exe” from the application folder (don’t flush the bin)
  3. Start the application (AE-Premiere)
  4. When its loading, restore the “dynamiclinkmanager.exe”
  5. Wait for it to load
  6. Shut it down
  7. Restart
  8. Should start correctly without any lag

Second option is to do the same steps but on STEP 4 skip the restoring of the “dynamiclinkmanager.exe”, wait for it to load completely, shut it down and then restore the “dynamiclinkmanager.exe”