Released
Premiere 26.5.2 scaling broken on export
A bug I came across today puzzled me since I thought such bugs don’t exist anymore.
Here’s my timeline with 6 images on it and Shrink effect at 2%:

As you can see the image is previewed alright.
Now I export it and it becomes like this:

It took me some time to figure out why this happened. The problem manifests itself every time you change the export resolution either manually or with he available reso presets:

Anything else does not matter. Any project settings, any media, just anything.
