Issue when uploading the video file

Hi,
We are running the Drupal 6 and using the bd_video module with remote conversion. When we try to upload the media file to our website we are getting the below error. Any help is much appreciated.

> * warning: move_uploaded_file(pictures/USSAustin1.rm)
> [function.move-uploaded-file]: failed to open stream: No such
> file or directory in /home/ireport2/ww3/includes/file.inc on
> line 572.
> * warning: move_uploaded_file() [function.move-uploaded-file]:
> Unable to move '/tmp/phpmu9KWG' to 'pictures/USSAustin1.rm'
> in /home/ireport2/ww3/includes/file.inc on line 572.
> * File upload error. Could not move uploaded file.
> * File not found.

Regards
Madhukar