PS5 Replay Editor - Video export always fails

I'm not sure what's wrong but I've basically uninstalled and installed the game a few times already but none of it solves the problem of video export always failing. Now, don't get me wrong, I don't really use the feature and can practically live without it since I've been using PS5's game recording feature ever since.

But it has become a problem now that it is part of the weekly tasks. I mean, come on? I need to export a video using the replay editor and then it fails every time I try? Kinda frustrating. Anyone know a fix?