It looks like it is having issues with the audio configuration.
Go to where Blender is installed in the Windows Explorer. The Default Installation Path is C:\Program Files\Blender Foundation\Blender.
When inside the Blender Folder, hold down the Shift key, and right-click any folder inside the Blender Folder (the 2.74 folder will work just fine), then choose the option "Open Command Window here").
With the new command window open, you should have a prompt that looks like this:
C:\Program Files\Blender Foundation\Blender> or one reflecting the path to the Blender folder.
From that prompt, type:
blender.exe -noaudio (make sure there is a space between the "exe" and the "-". Blender should start like normal.
You can also set it to use a specific sound system:
blender.exe -setaudio SDL
Other options include, NULL, OPENAL, and JACK.
If it still crashes, start Blender with the debug flag to show any other errors or issues leading up to this error.