Borrowing from it’s sister application After Effects, Premiere Pro CS6 has added the hugely powerful concept of Adjustment Layers directly into the editing environment. This new feature is an amazing advancement for tasks such as color correction, but its uses are infinite.
After Effects help defines an adjustment layer as:
“When you apply an effect to a layer, the effect applies only to that layer and no others. However, an effect can exist independently if you create an adjustment layer for it. Any effects applied to an adjustment layer affect all layers below it in the layer stacking order. An adjustment layer at the bottom of the layer stacking order has no visible result.
Because effects on adjustment layers apply to all layers beneath them, they are useful for applying effects to many layers at once. In other respects, an adjustment layer behaves like other layers; for example, you can use keyframes or expressions with any adjustment layer property.
Credits: Thanks to John Gumaer for doing the intro sound design.