Thanks for your prompt response.
However, I wonder if those only apply to PCs? See, I'm working on a Mac (MacPro), and on my home computer have never had to install any CODECs nor have I had any similar issues importing .MOV files to PremierePro CS5 like I'm having here at work.
Can't help w/Mac... I'm in the PC arena
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Log in to your computer as the root user. Once you are logged in as root, restart Premiere Pro and then try to play the assets in the Source Monitor. After you have verified that the software functions correctly, you can return to your regular user account. (For information on logging in as the root user, see the Apple documentation on enabling the root user account, located here.)
Yeah, I know it sounds weird, but try it.
Fantastic - that solution worked. Everything is running perfectly now - thanks so much for your help! Much appreciated!