something is wrong with the H.264 encoder - maybe the old preset file isn't optimal for the new encoder settings of CC7?
try some of the new CC7 delivered encoder presets...
Sorry you're having trouble.
The first thing I noticed is that your source file is 60fps and the preset you are using is for 24fps. You might want to use a custom setting that matches your source sequence. I could not locate any presets for 60fps video. You have to create one.
You can also try 1 pass VBR instead of 2 pass VBR in Bitrate Settings. I have heard a few complaints about 2 pass VBR encoding.
Let us know if these possible solutions help you.
I didn't change the frame rate, but changing it to one pass did fix the issue. Do you know why 2pass would produce issues in CC exclusively?
The presets, while identical in settings, were the presets that came with each respective version of Encoder, so I wasn't using older presets with a newer Encoder version.
I did as Kevin suggested and changed to 1 pass VBR and that seemed to solve my issue, though why I am still uncertain of, because that seems like something like that would produce errors in both versions, but for some reason it only does it in CC for me.