Importing Vegas into After effects

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So, Peter and I were counting the ways we love Vegas, and I remarked that “if Vegas could save a file which could be imported in to AFX for post-production – absolute bliss”. I quickly followed this up with “it’s never going to happen”, and started to theorize about converting Vegas project files into XML to be then hacked into Premiere, while clicking around Vegas in a hopeful manner.


Whoops! I seem to have stumbled upon an antiquated file format, which just happens to be supported by both Premiere and After Effects.