**System Information**
Operating system and graphics card
Windows 10, Onboard Graphics
**Blender Version**
Broken: blender-2.76-testbuild2-win64
**Short description of error**
In the sequence editor the new text effect strip is not rendered.
**Exact steps for others to reproduce the error**
Based on a (as simple as possible) attached .blend file with minimum amount of steps
1. Switch to Video Editing
2. Add -> Effect Strip -> Text
3. Render sequence
I would expect that the text is rendered somewhere. It also does not work when using an image and then alpha over the text strip.