Error "0xc00d36b4 while reading" is being thrown when turning on Transcode in the Import Settings of Video Clip Assets

How to reproduce:
1. Open the user-attached “IN-59356.zip” Project
2. Select the “01 Introduction.webm” Asset (Assets/Video/Workout)
3. In the Import Settings turn on the “Transcode” setting in the Inspector
4. Observe the Console window

Expected result: No errors
Actual result: “WindowsVideoMedia error 0xc00d36b4 while reading…” error is being thrown

Reproducible with: 2021.3.32f1, 2022.3.14f1, 2023.2.1f1, 2023.3.0a15

Reproduced on: Windows 11 Enterprise, Windows 10
Not reproduced on: macOS 14.0 (Intel)