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Update:

What I have received is PD17 version 17.6.3004.0

It is stable and works without crashing.

I recommend that CyberLink modify it's 365 "Application Manager" to have a "go back to the previous build" button.

It is apparent to me that 365 subscribers aren't just getting the latest fixes/features.

We are BETA TESTING the product for CyberLink.
This is something which companies used to PAY employees to do.
Then, they would give it away "free" for a time, witness Microsoft's Windows XP early releases.
Now, apparently, they SELL IT.

Some protection from a broken build/release is in order.

We need a compromise here.
I come from the ancient days of software development, the 1980's.
CAD/CAM pioneer ComputerVision Corp, with 200+ programmers, 50 MILLION lines of code, and a CODE INTEGRATION DEPARTMENT. Sometimes it was a ZOO! Broken builds, people called in to fix things into the weekend when they were the culprit, etc.

Actually, I may need work shortly, and am always up for a side job here and there, although I'd rather play trumpet for money...

If you want me to work remotely, and beta-test for you, maybe I should be paid?
I could work from home, and stress test the product all day long.
good news ...

CyberLink has responded to my Support Ticket and provided me with a link to download the previous 365 version.

Please enter a ticket for yourself, and ask for it.
Hopefully, when I get it downloaded/installed it will work for me.

There's hope!

John
Same happened to me.
I upgraded the 365 subscription on Sep 16 or 17, yet for me Power Director crashes everytime I open a project or add a source file to it.
It is unusable, and they tell me there is no downgrade feature.
I cannot work, and this is a serious problem for me.
The sick thing is, the reason I bought 365 is so that I would have the bug fixes and have a working program, as version 13 was very buggy (I had Director Suite 3 prior).
My program, Power Director Version 18.0.2028.0 (64-bit)
Type: 365 SR number VDE190703-06

After the latest build update, it CRASHES 100% of the time, when I attempt to load any source videos (mp4 files).
I need to backup to the previous version, and there is no option.
I am really unable to get any version which works until they fix this problem and upload a fix?
This is disaster for me.
I have entered a ticket, and called.
When they said I can't revert to an earlier version I couldn't believe it!
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