That error points to a media problem.
Perhaps make a copy of that disc and try with the copy.
I'm installing a copy of Windows 8 Pro onto a PC so I can get a free upgrade to 8.1 and another free one to 10. I put the installatation media in the optical drive, powered it on, and the setup appeared. I put in the activation key, and it worked. I chose custom install, and I chose my Intel 320 series 80Gb ssd to install it on. The install goes, but then it freezes at 32% for a few minutes, and then the installation stops due to error 0x80070017, is there a fix?