Animated Auto Captioning for Premiere Pro

I'd like to reopen the discussion in the community about captioning by asking the Premiere development team if there is a plan in the pipeline to add animated captioning as a feature with auto captions. The text tools in premiere are awesome, and the auto captions tool does a great job with excellent accuracy, but with Resolve 20 adding auto captioning and cheap solutions like CapCut adding such powerful captioning tools, Premiere no longer feels like a one-stop shop for social video making.

As a long-time user and enjoyer of Premiere, I would love to see this feature introduced sometime in the near future as its very quickly becoming more important for short-form content. Typical auto-captioning tools normally include these features:

• Word-by-word highlighting or backgrounds
• Grow effects on the current word being spoken
• automated implementation of transition animations
• full customizability of effects

Thank you for your continued support in this application, and I hope to see this feature implemented soon!