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In the Premiere Elements 2018 Product Overview | video, as soon as it starts we see a funky creative moving picture in picture effect.
How is this created in PE, please?
In Premiere Elements 2018 is a series of "Guided Edits". One helps you set up a Picture in Picture effect. Multiple pictures can be inserted. The motion of the clips is more complex. I've not done it, but I think it is done with "keyframing".