I found the fix. I had to dig in deeper for the option in SVP to reset all settings. Once i reset SVP, it promps me to enter the license. After entering my license, the SVP starts working normally in videos.
SVPlayer for 🍎 iPhone | iPad | Apple TV and 🤖 Android
SVP 4 for Windows and macOS: 30 days FREE TRIAL.
Read FAQ & follow SVP @ Facebook, Twitter