Before clicking any "pvs system hollywood fx for edius setup link" , you must ensure your system is ready. If you skip these steps, the "link" will fail.
However, for EDIUS 7, 8 (32-bit), and 9 (with the 32-bit bridge), the remains fully functional.
Right-click your downloaded Hollywood_FX_Pro...exe → Properties → Compatibility → Check "Run this program in compatibility mode for Windows 7" AND "Run as Administrator".