Can't play DRM WMAs...Can't update security components, process always fails

I am not able to play protected wma files in windows media player. If i play any wma file , it comes up with a window to download update for security components but fails with error COOD275E saying below things:

Specified Server cannot perform required operation
Windows Media Player cannot download media usage rights because the server is not available

I want to know all possible solution for fixing this error.

In order to get rid of that error message you will have to reset the Windows Media DRM system. Resetting DRM system will delete media usage rights for protected files and you will not get the same error again. You can refer to "Reset Windows Media DRM system" part in below article.
Windows Media Player Error Message Help