Yes, you have missed the codec files.
Download "Windows essentials Codec pack", below is the link
http://download.softpedia.ro/dl/7dd4bba62e0c22582981d1a9546796dc/4b45cc15/100071211/software/MULTIMEDIA/VIDEO/DIVX/WECPSetup.exe
Install this, you will be able to play almost all files in your windows media player.
I recommend you use VLC player, it can play any file formats both Audio or Video without any Codec and moreover it's completely open source. Below is the VLC player download link
http://www.videolan.org/mirror-geo.php?file=vlc/1.0.3/win32/vlc-1.0.3-win32.exe
That's it
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