For everyone who is not able to install Production Studio because it keeps hanging during the installation:
Look at this document:
https://www.adobe.com/support/techdocs/332223.html
Go to step 19 and follow the instructions for refreshing the drivers. I had this exact problem and I managed to solve it by:
1. Uninstall everything that installed on the previous attempt.
2. Reboot and refresh the drivers as per step 19.
3. Reboot and reinstall.
The problem seems to be in the driver database for the DVD drive and by doing this you will be recreating it.
This is not an issue that alot of people are seeing, but it certainly is an annoying one. If you follow the above steps before installing you will not have any difficulties.