Can't get PPro to accept video file.

I tried getting this to work in PPro 7.0 but it wouldn't accept an HD video file. I've downloaded a trial of PPro CS5.5 ( I purchased it as well but will have to wait for the disc to arrive) and now the file is imported but it shows up as an audio with no video. The video does play just fine in Windows Media Player. The following is the GSpot report on the file:

Can anyone tell me any reason I can't import this file?

Thank you,

.....Gord