Adobe Premiere won’t import MP4′s!
This is more of a reminder for me.. but when you try to import MP4′s into Adobe Premiere, it says the file is corrupt.. pshaa, right! You just need to rename the file from .mp4 to .mpg and presto, voila! It’s like Magic.

Dude! After hours of trying to convert my files to AVI or any other format, I simply renamed my files and it actually worked.
MANY thanks!!!