Throughout my time using VEGAS Pro 18, I have noticed this reoccurring issue where specifically videos that were rendered from the ZGame Visualizer in FL Studio just sometimes break in VEGAS. Each time I open a project containing a ZGame video, VEGAS will react in one of four ways. Either it just displays it as solid green, it flickers and eventually stops showing up, it plays extremely fast, or it just works. When trying to render with any of the issues present, it throws the "Component failed to initialize" error. Worst of all, restarting VEGAS won't guarantee a fix, It seems completely random whether it will work or not. I've done other testing to make sure it's not the fault of any sort of effect that I would have enabled on the media. As far as I can recall, this was not an issue in v17 or prior. Also yes, I am on the latest build of v18 (373)
Example of Issue: 
Problematic Media Information:
General Name: TOXIC viz.mp4 Folder: E:\Users\Kevin\Desktop\sut\I'M TOXIC Type: AVC Size: 794.64 MB (813,711,715 bytes) Created: Friday, December 4, 2020, 9:55:52 PM Modified: Tuesday, December 15, 2020, 1:23:28 PM Accessed: Tuesday, December 15, 2020, 9:52:40 PM Attributes: Archive Streams Video: 00:03:42.800, 30.000 fps progressive, 2560x1440x32, AVC Audio: 00:03:42.794, 44,100 Hz, Stereo, AAC Summary [TCFM]: 7 ACID information ACID chunk: no Stretch chunk: no Stretch list: no Stretch info2: no Beat markers: no Detected beats: no Other metadata Regions/markers: no Command markers: no Media manager Media tags: no Plug-In Name: so4compoundplug.dll Folder: C:\Program Files\VEGAS\VEGAS Pro 18.0\FileIO Plug-Ins\so4compoundplug Format: AVC Version: Version 1.0 (Build 8532) Company: MAGIX Computer Products Intl. Co.
Project Properties:
- (ref) Template: "HD 1080-60i (1920x1080, 29.970 fps)"
System Specifications:
- CPU: AMD Ryzen 5 3600 @ 4GHz
- GPU: NVIDIA RTX 2060, 6GB, Driver version 457.30
- RAM: 16GB, DDR4 @ 2133MHz
- OS: Windows 10 Pro, Version 20H2, Build 19042.685
- Storage: Crucial CT1000MX500SSD4