I have seen this topic posted but found no solution to this very frustrating and time consuming problem. Every time I open Premier Pro it goes through the process of conforming and indexing. I have a large project of mpeg2 files and it takes so long about two hours! I moved the media cache folder becuase it was taking up too much room on my C drive so I added a dedicated external drive. I thought my program was running slow because the C drive had an extra 100GB from the cache but this is worse. It did not happen prior to moving the cache. I have to solve the problem because this in unacceptable use of time and resources and interfering with my ability to meet my deadline. I work for Secretary Clinton with priority projects that are very timely. ADOBE HELP!!!
Tell him to light another cigar and meanwhile, make sure that your external is given a fixed drive letter. Maybe both will help.
Thanks for your suggestion. It has a fixed drive letter.