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the new 2014 release of Premiere Pro CC introduces live text templates this allows you to edit unlocked text layers in dynamically linked After Effects compositions to adjust the text open a sequence that contains a dynamically linked After Effects composition locate the after effects composition in the project panel double-click to open it in the source monitor go to the effect controls panel and type in new text something like a new name press ENTER to confirm and the new text updates dynamically in the premiere pro sequence that's how you edit text in live-text templates in Adobe Premiere Pro CC