Transparent Background Motion Graphics now has Black Background

[Hive of Many]

Last time I opened Premiere Pro the Motion Graphics I were using didn't have a black background, now they do. I use a nested sequence at the end of my videos to prompt viewers to subscribe. I appears Premiere isn't reading the file as having a transparent background where it was before.

Here is a screenshot of the video on YouTube:

Here is the same video now in Premiere Pro (24.4.1 build 2):

 

Here's my timeline & the file properties:

 Please help

[AnnikaKoenig]

Hi! It would be easiest to figure out what is going on if you would share the file with us to investigate. If you don't feel comfortable with attaching it here, I'll send you a DM with my email and you can send it there. Cheers! Annika