Projects Containing MOGRTs No Longer Render

There is a serious problem with PP 24.5: it will not render any project that contains ANY MOGRT file. I have created a test file with a single Sequence. The only thing in the sequence is a MOGRT file. Playback works fine, but when I try to render, the app crashes part of the way through. If I create the project file WITHOUT the MOGRT, it renders fine, even long files with 25 or 30 minutes of video.

This only started happening after I upgraded to the latest version of PP, however, even when I rollback to previous versions, I'm seeing the same behavior.

I have double checked all my graphics drivers and everything else I can think of. I have also cleared my cache, uninstalled and reinstalled PP, made sure I have the latest Windows 11 Pro updates, and rebooted my computer several times. I have also cleared out all my old preferences, and done all of the things that are always recommended.

I even tried installing the latest Beta version of PP and I still see the exact same result.

Bottom line, PP will no longer render any project containing MOGRTs--even projects that I had previously saved and rendered in the past.

Please fix this right away.

Thank you.