That product was released in 2015 and meant for Windows versions Windows Vista, Windows 8, Windows XP, and Windows 7. Subsequently Magix official support for that product would have ended with the end of support for those operating systems becoming an end of life product.
It's entirely possible that even if you can get the installer to work that the program itself would not work correctly as there have been a lot of changes to the Microsoft Direct X API which the program would rely on to operate.