Hello!
I bought Movie Studio 16 today. I decided to buy the normal version with 50$ for my Instagram videos. When I had edited the video, it appeared to me that the standard version does not have the access for custom templates for rendering. Furthermore, on the pre-existing templates there is no option for making vertical video. The movie studio clearly lets you assume you can make a video that is vertically scaled, since in the start it asks you if you want to do video for widescreen or phone. This information wasn't included on the Movie Studio's site, where there was a picture which compared the versions to each other. I feel betrayed and cheated. Right now, the normal version can be bought for 50$ and the platinum version with access to custom rendering templates costs 60$. I demand either a full refund or an upgrade to platinum version with the cost of 10$. This is not the product I have bought. I am disappointed.