I'm on Premiere Pro CC 2015 and have tried using Morph Cut with some stationary interviews to see how it handles jump cuts; however, every time I add the transition instead of seeing a 'morph' the picture just freezes until the playhead reaches the end of the transition.
I do NOT receive the 'Analysis Failed' message.
The effect is rendered and I've tried playing with different durations. Nothing seems to be changing my outcome.
I've applied the effect to both AVCHD native MTS files as well as to ProRes and they both yield the same effect.