React Native, undefined is not an object (evaluating ‘_reactNative.Image.propTypes.resizeMode’)

I'm trying to render video in a React Native component using react-native-video v5.2.0 . I get following error. I'm using react native CLI on OSX. The app crashes on trying to import the library, line:

import Video from 'react-native-video';

The error:

Uncaught Error
undefined is not an object (evaluating ‘_reactNative.Image.propTypes.resizeMode’)

Screenshot:

The code:

import React from 'react';
import {View, Text} from 'react-native';
import styles from './styles';

import Video from 'react-native-video';

const Post = () => {
  return (
    <>
      <View style={styles.container}>
        <Text>Post</Text>
        <Video
          source={{
            uri: 'https://commondatastorage.googleapis.com/gtv-videos-bucket/sample/BigBuckBunny.mp4',
          }} // Can be a URL or a local file.
          ref={ref => {
            this.player = ref;
          }} // Store reference
          onBuffer={this.onBuffer} // Callback when remote video is buffering
          onError={this.videoError} // Callback when video cannot be loaded
          style={styles.video}
        />
      </View>
    </>
  );
};

export default Post;