Insert text into clip?

sphinx

New member
Im working on a video clip from a bands recent show and need to insert some text into the clip, kinda like what you see in a music video, it will need to be at the beginning and at the end. I have tried doing the transparent text but it doesnt seem to work, what am i doing wrong?
 
im trying to insert text into the video so that you can see the video and the text at the same time. I have chosen transparent text but its just the text and a purple background even when i lay it over the video track
 
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