Minecraft 1.6.x crashes after pressing play button on launcher (exit code -1073740777)

What I expected to happen was...:
After pressing the play button on launcher the Minecraft window should appear and the MOJANG logo should appear and then the menu.

What actually happened was...:
After pressing the play button on launcher no window appear and the windows message shows up saying Java has stopped working. Looking at the Development Console it says:
"Game ended with bad state (exit code -1073740777)"

Minecraft versions prior to 1.6.x still work like a charm

I understand that this crash does not happen with everyone. If there is more information I can send to help with this please reply.

I've tried re-installing Minecraft several times, and also re-installed Java and my video drivers. None of them were of any help.

I am also attaching the output in the Development Console from the Minecraft Launcher.

I hope I've been of some help.