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I have the same problem with the initial install of PowerDVD 16 as part of Media Suite 14. PowerDVD16 simply won't open. I installed it when I under Windows 10 Anniversary update, but have the same problem with Windows 10 Creator 1703.
The Event Log error reads:
Activation context generation failed for "C:\Program Files (x86)\CyberLink\PowerDVD16\PowerDVD.exe.Manifest". Dependent Assembly Kanten.X,type="win32",version="1.0.0.0" could not be found.
The Event Log error reads:
Activation context generation failed for "C:\Program Files (x86)\CyberLink\PowerDVD16\PowerDVD.exe.Manifest". Dependent Assembly Kanten.X,type="win32",version="1.0.0.0" could not be found.
Read my solution at http://forum.cyberlink.com/forum/posts/list/0/62579.page#285098
MediaSuite14 Ultra, Youcam7, Windows10 Creator x64