This is really annoying and time consuming to deal with.
I'm on a Mac Pro 7,1 and updated to Premiere Pro 2025 with a new project using the new color managment system which is great to use until I save and exit Premiere and then restart it and open the project and my timeline clips that have been color managed with Color/Settings/ Override Media Color Space have resorted back to their raw states even though in each clip the Override Media Color Space option is checked and Hue Preservation is also checked. . I have seen someone else has already also reported this and I'm confirming the issue. Basically I have to go into each clip one by one and reset the Color mangaged profile (Currently its DJI D-Log/D-Gamut) by choosing another profile then re-choosing my desired profile. Then the Input Tone mapping goes back to Hue Preservation setting goes back to
By channel and I have to re enable Hue Preservation for each clip and effectively lose the original Exposiure and Highlight Saturation settings I previously had for each clip. Fortunately I'm currently only working with a 1 minute program but what happens if I'm color grading a one hour edited project and I have to do this for every clip in the timeline.
Please can you recommend a viable working fix for this until this bug is resolved as currently I'm looking at either not using Premiere's Native Color Managment feature at all or not closing Premiere until my projects have been exported and approved.