I believe you have fallen prey to the FADE IN-OUT bug.
Click on the image to make it hilighted.
Click on MODIFY.
Scroll down the menu till you get to the FADES control.
Click it on/off and the image or video should appear.
HP Envy Phoenix/4thGen i7-4770(4@3.4GHz~turbo>3.9)
Nvidia GTX 960(4GB)/16GB DDR3/
Canon Vixia HV30/HF-M40/HF-M41/HF-G20/Olympus E-PL5.
Tape capture using 6 VCR, TBC-1000, Elite BVP4+, Sony D8 camcorder with TBC.
https://www.facebook.com/BarryAFTT