Thank you everyone – in case any one else is looking for a response from MAGIX, I got this today:
Thank you for contacting Magix Support.
The good news is that this is a confirmed bug with Movie Studio 14 Platinum and is to be addressed in a future update.
The bad news is that there isn’t a work around to this issue in the software itself. So you would have to wait until the update hits before this issue could be resolved.