3. The dialog that comes up only displays OneDrive, and Facebook.
In this scenario, you will not be prompted with an error but will see the following dialog:
The options that are missing are; Bing Video Search, YouTube, and From a Video Embed Code.
This has been resolved with the April Updates, please download the updates here:
2837627 Description of the PowerPoint 2013 update 2837627: April 8, 2014
2817636 Description of the Office 2013 update 2817636: April 8, 2014
Please note that the YouTube and From a Video Embed Code options appear in the Online Video dialog box regardless of whether you have the updates installed. However, you must install these two updates in order to insert or play back YouTube videos correctly. In addition, the Bing Video Search section will no longer appear in the Online Video dialog box.