I presume you took the Make Movie option in VMS 17.
There is a bug it not always choose the right template, so it is better to choose File/ Save as... and make your own choice following your projectproperties and the best render option for you.

You are correct.

I used the Make Movie option.

I have used the program for a few months and new at this game. I am generally making short videos from my Panasonic Lumuix G7. Could you steer me to a guide that could help me know the proper setting to use.

That depends on your use for the video. For streaming, use the Internet AVC presets.

I am having a similar problem and perhaps this is a good place to drop my question:

Hi.  My rendered project is very grainy and somewhat pixelated. When I open Movie Studio 17 Platinum (that contained mp4 and AVCHS content) an error window pops up that says:  "Warning, an error occurred when loading the project file 'Lobstic.mp4.   Some streams in the media file cannot be opened.               Then I simply click ok and carry on editing and things seem to work just fine and the completed project plays clear and smooth in my VMS17Platinum player.  But after I have rendered it 3 times(interned ready mp4), it is grainy and pixelated each rendering.  

HP Pavilion Gaming Laptop 15-dk1xxx      

Intel(R)   Core(TM)     i7-10750H  CPU  @ 2.6GHz    2.59GHz   64 bit     x64processor     8 GB  NVIDIA GEFORCE GTX  

Thankyou

Noting the comment above about using the Save-as option for VMS17 platinum, I cannot find any rendering options in the save as window - the only option is .vf and there is a button to "save with media". So how do your select "save-as" and then make rendering format options???

Thank-you

Try "Render As..." instead to find Formats / Templates.

@Brian-Gleize & @Dale-Kiselyk
To be clear about this Choose for rendering the menu Project/Render as... or in Make movie go at the end to "Advanced Options" to make the right choices depending on your needs we don't know.