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iMovie blocks studio names in new trailers

Perhaps its testament to the quality of the iMovie '11 trailers that Apple is blocking the use of big name studios in the titles. Ironic since Apple provides templates that ape the Paramount snow-capped mountain (pictured after the break) and familiar Universal Studios globe. Just don't try to enter those studio names into the title sequence -- the words "Paramount" and "Universal" will be replaced with hyphens. We suspect other studios are affected as well. Hard to say if this is Apple's doing or the studios as both are notoriously controlling. We'd laugh if only we could stop crying.