Think of it this way.
The project has 1 piece of media and 1 sequence.
We will call them “Media_01” and “Seq_01”.
After PP converts the project from 4.0 to 5.5
I try to play “Seq_01” and it needs rendering (Red Line).
If i drag “Media_01” into the “New Item Button” It creates “Seq_02”
which also needs rendering.
HOWEVER, if i IMPORT the exact same media as “Media_01” and then drag that into the “New Item Button” and try to play “Seq_03” (The one just created) it plays fine (Yellow line) no rendering.
So the problem has to do with the info/properties/meta-data already associated with “Media_01”. I am trying to figure out how to update/refresh that info…
I hope this clarifies things,
Thanks,
JWM