I figured out how to correct the error I was getting by starting with the simplist of tasks.
This is the steps I took to correct uploads to Facebook and YouTube.
1. Close all running applications.
2. Uninstall Cyberlink PowerDirector 8 Ultra.
3. Reboot computer.
4. Reinstall Cyberlink PowerDirector 8 Ultra.
5. Rebook computer.
6. Start Cyberlink Powerdirector 8 Ultra and register the application.
7. Rebook computer.
Errors should be corrected and now I can upload to both YouTube and Facebook with no problems or errors. I listed the steps I took in detail since I reinstalled and uninstalled 2 times until I got it right. If you follow the directions you should have no problems.