The error you are experiencing is related to the fact that Adobe Flash Player ActiveX is not installed correctly or has registry errors. This error is often encountered when a user installs KMPlayer and activates Media Album support and it is lacking ActiveX Flash support. The Media Album KMPlayer uses is based on Adobe Flash technology and so it requires this ActiveX in order to run properly. Here is the link where you can download the mentioned component.
Download the package, close all Internet browsers and any 3rd party applications, and perform a new installation. The setup automatically copies the files to its right places. A restart of your computer is recommended for the settings to take effect.