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If iLividSetup-r267-n-bc. exe is using too much CPU or too much memory in your system, it is possible that your file has been infected with a virus. Try to install an antivirus to see if it helps.
If you want to remove iLividSetup-r267-n-bc. exe from your computer, just go to Start > Control Panel > Add/Remove programs and select iLivid from the list.
If you have any problems with iLividSetup-r267-n-bc. exe, you may try using a registry cleaner or a speed-up software to check, analyze, and fix problems that are affecting the performance of your computer.
You may try contacting Bandoo Media Inc, the developer of iLividSetup-r267-n-bc. exe and ask for more information.