Instead of using Legacy titles you can create subtitles using captions option in Premiere Pro CC which would be easier and faster for creating subtitles.
Have a look at following tutorials -
In case you want to create subtitles using legacy title option only then have a look at the image below -
Thank you for your answer. Can you please explain how would I do that using caption option?
Is this the only way for legacy titles? Seems a lot of extra work, and and titles do not look good.
to add for the video I shared, drag using Alt + drag and not copy and paste, in order to create
a second copy of your legacy title so that you can edit each one separately
thank you for your answers. I find using legacy titles easier, too bad the extra work for background colouring puts me off. There is a button in open captions option for background colour, why there isn't one in legacy title?
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There is, you just have to select the rectangle shape (if that's what you mean by background) and change the fill color
you have to select whatever element yuo are working with and change its parameters
if you want to change the color once for all rectangles, create only a rectangle in the legacy title
the open another legacy title and type your text
Copy and paste the Text by ALT + dragging
Copy and paste the rectangle using copy paste or simply drag it from the project panel, when
you double click on it and edit it, it will edit in all the other rectangles on the timeline