I’d like for Adobe Premiere to have the capability to read captions from .mpg files. Thank you.
We are looking into this but wanted to let you know that we have completely redesigned the captioning workflow in Premiere Pro version 15.0. You will see many other dramatic workflow improvements. Please update to the latest version.
Learn all about the new captions workflow here: https://helpx.adobe.com/premiere-pro/user-guide.html/premiere-pro/using/working-with-captions.ug.html