I am trying to import .m2ts file and I do not seem to have this ability. I tried File>>Import and drag and drop and cannot make it work. From what I read online this is supported, but I am just not sure at this point.
I am running Premiere Pro CS4 version 4.21 on Mac os X.
One note, I am NOT running trial. I got trial initally, unistalled it and then installed full version.