I have a project that is going back a few months and has been fine for months but yesterday I get the error "The File has an unsupported compression type." All the video files are an HEVC file type. I could transcode them but the media encoder doesn't like it anymore either. Also, I would rather it just be able to see the codec again as there are hours of footage. I also tried my backups of the footage and I get the same issue.
Cleared my cache a few times, reinstalled premiere, logged out and back in, and spent a considerable time trying to resolve the issue. Again this was all fine just a few days ago and been using this project and video files for many months.