You may want to right mouse click on that clip on the timeline and click change alias or edit alias to allow you to hit the spacebar or the period key and then OK to make it less conspicuous. You can do the same on the clip in the media library.

Quote You may want to right mouse click on that clip on the timeline and click change alias or edit alias to allow you to hit the spacebar or the period key and then OK to make it less conspicuous. You can do the same on the clip in the media library.

That works, thanks. Only problem is that I have to do it for every single clip individually. It's time consuming. Was hoping for an easier automated method or a check box in preferences.

Try this: Rename the clips in the Media Library before you drag the clips to the timeline. That would save more time if you split and/or reuse the same clips multiple times on the timeline. You may be able to write a small program to bypass the Windows renaming so all your files have no visible names.

You can request a checkbox for clip name visibility by going to File | Rate Us & Provide Suggestions