Create cool transitions in After Effects and use them in Premiere Pro. This quick tutorial will show you the process, and how to make it all work in Premiere Pro. The key is to create a track matte. Its simple and fun and you should try it out. Here is the VC plugin. http://www.videocopilot.net/blog/2014/05/new-plug-in-color-vibrance/ And here is one by Red Giant. http://www.redgiant.com/products/all/knoll-unmult-free/
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