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Updates as of June 21, 2022
New features summary | Latest release of Premiere Pro (adobe.com)
June 2022 release (version 22.5)
The June 2022 (22.5) release of Premiere Pro introduces new Essentials and Vertical Video workspaces, improvements to proxy workflows, the ability to add gradients to strokes and shadows for titles and graphics, RED V-RAPTOR camera support, and various performance enhancements.
The new Essentials workspace offers a clean and simple layout and presents the panels in a logical left-to-right workflow, with a generous timeline across the bottom of the screen.
The new Vertical Video workspace offers a clean and simple layout, optimized for vertical content. Social media creators working in this format will find the Program Monitor on the right of this workspace, set up for viewing vertical 9:16 video.
Visual badges in the timeline and project panel now make it clear when you are viewing proxies or originals. During proxy creation, you have the option to add a watermark so you can easily identify your proxy files, and the default codec for creating proxy files has been set to ProRes.
Gradients for Strokes and Shadows
Add visual impact to characters and graphics, with the ability to add gradients to strokes and shadows.
Improved H264/HEVC Encoding on Apple M1 systems
Premiere Pro now has improved the quality of H264/HEVC files encoded on Apple M1 systems.
Support for RED V-RAPTOR camera
Premiere Pro now offers support for RED V-RAPTOR cameras.
Newly GPU-accelerated effects include Magnify, Replicate, Spherize, and Wave Warp.
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...and other apps for anyone that is interested: