I'm running Movie Studio 12 Platinum Suite. I was rendering a video last night and after it was finished it said that there was an error during the rendering process and asked me if I wanted to send the information to help solve the problem. It then gave me a link to the latest update (Build 1184).
So I updated Movie Studio 12 and now I can't open any of the projects I was working on before the update except for the one I was rendering during the error. When I do try to open one of the old projects a window pops up the says "Sony Movie Studio 12 must be installed from the disk or from the downloaded installer" and then closes.
EDIT: I have the Movie Studio pinned to the taskbar, and it only has this problem when trying to open projects from the taskbar, they open normally when I open Movie Studio and open the project once inside.