VideoPlayer view crashes Watch Simulator

VideoPlayer view crashes the Watch Simulator. But same code works on iOS Simulator.

Example code

VideoPlayer(player: AVPlayer(url:  URL(string: "https://bit.ly/swswift")!))

Error log

-AVSystemController- +[AVSystemController sharedInstance]: Failed to allocate AVSystemController.
Unable to find class NACVolumeController
CoreSimulator 842.8 - Device: 41mm - Runtime: watchOS 9.0 (20R5307f) - DeviceType: Apple Watch Series 7 - 41mm