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ctypes.util.find_library does not seem to be able to find certain libraries in Python3.3 on Win32 platforms anymore, if the library suffix is omitted. For some reason, os.path.isfile() in ctypes.util.find_library returns False in those cases.
Please try out the attached test script. This produces the following output on a Windows 7 x64 system for me (given that a OpenAL32.dll is installed):
C:\>c:\Python27-x64\python.exe ct_test.py
Python build: 2.7.3 (default, Apr 10 2012, 23:24:47) [MSC v.1500 64 bit (AMD64)]
Path 'C:\Windows\system32' exists in $PATH: True
File 'C:\Windows\system32\OpenAL32.dll' exists: True
ctypes says for 'OpenAL32.dll': C:\Windows\system32\OpenAL32.dll
ctypes says for 'OpenAL32': C:\Windows\system32\OpenAL32.dll
C:\>c:\Python31-x64\python.exe ct_test.py
Python build: 3.1.4 (default, Jun 12 2011, 14:16:16) [MSC v.1500 64 bit (AMD64)]
Path 'C:\Windows\system32' exists in $PATH: True
File 'C:\Windows\system32\OpenAL32.dll' exists: True
ctypes says for 'OpenAL32.dll': C:\Windows\system32\OpenAL32.dll
ctypes says for 'OpenAL32': C:\Windows\system32\OpenAL32.dll
C:\>c:\Python32-x64\python.exe ct_test.py
Python build: 3.2.3 (default, Apr 11 2012, 07:12:16) [MSC v.1500 64 bit (AMD64)]
Path 'C:\Windows\system32' exists in $PATH: True
File 'C:\Windows\system32\OpenAL32.dll' exists: True
ctypes says for 'OpenAL32.dll': C:\Windows\system32\OpenAL32.dll
ctypes says for 'OpenAL32': C:\Windows\system32\OpenAL32.dll
C:\>c:\Python33-x64\python.exe ct_test.py
Python build: 3.3.0 (v3.3.0:bd8afb90ebf2, Sep 29 2012, 10:57:17) [MSC v.1600 64 bit (AMD64)]
Path 'C:\Windows\system32' exists in $PATH: True
File 'C:\Windows\system32\OpenAL32.dll' exists: True
ctypes says for 'OpenAL32.dll': C:\Windows\system32\OpenAL32.dll
ctypes says for 'OpenAL32': None

Works fine for me.
Python build: 3.4.1 (v3.4.1:c0e311e010fc, May 18 2014, 10:38:22) [MSC v.1600 32 bit (Intel)]
Path 'C:\Windows\system32' exists in $PATH: True
File 'C:\Windows\system32\acledit.dll' exists: True
ctypes says for 'acledit.dll': C:\Windows\system32\acledit.dll
ctypes says for 'acledit': C:\Windows\system32\acledit.dll

Finding it impossible for PIP to install discid.
Tracked it down to this issue i.e. os.path.isfile('C:\Windows\system32\discid.dll') == False when the dll exists.
Some other dlls in that directory result in True and some in False. I cannot see any significant difference in security permissions that might cause this - only difference is security permissions for some are inherited and some are not inherited.
I get this on both Python 3.6.1 32-bit and 2.7.13 32-bit on Win 10 Pro 64-bit Anniversary Edition 1607. I use ESET Smart Security 9 as AV.

http://stackoverflow.com/questions/23125857/python-os-path-exists-cant-locate-the-file-however-the-file-indeed-exsits gave me an explanation:
That when running 32-bit apps on Win 64 C:\Windows\SysWOW64 is mapped to C:\Windows\system32.
Copying the missing DLL to SysWOW64 made it work.
NOTE: Original report was for 64-bit on 64-bit, so this is not necessarily an explanation of the original issue.