Kodi 17.1 crashing on start-up after upgrading from Kodi 16

I just upgraded from Kodi 16 to 17.1 (by installing the new version over the old one) but now Kodi crashes right on start-up (standard Windows crash dialogue: “Kodi has stopped working. Check online for a solution and close the program…”).

I’ve already tried starting Kodi with a clean userdata folder (by renaming %APPDATA%\Kodi into %APPDATA%\Kodi.old) but it’s still crashing so I believe it cannot be due to any addons or skins or such.

I can see the following log files in my Kodi:

  • kodi_crashlog-17.1 Git_20170320-fc1619b-20170423-000454.dmp: cannot read this file, lots of gibberish
  • kodi_stacktrace-17.1 Git_20170320-fc1619b-20170423-000454.txt (see: https://pastebin.com/RLrppPyK) has nothing much in there
  • kodi.log (see: https://pastebin.com/qcNfZnLa) shows lots of “CWin32DirectSound::GetSpace – buffer underrun” warnings.

Can anyone help here?