Sadly, I feel that the whole process of having to install and activate the MPEG codecs is a waste of money, time and effort as the cost of the codecs is minimal they should be built into the price of the product - as they are in most software that produces video output.
There are so many additional problems involved with the installation and activation of the codecs as is obvious from the kinds of comments that appear in the Magix fora and in online reviews and discussions on other websites.
In my own case I have been unable to export any videos in MPEG-4 format and am still without answers whether this problem will ever be resolved.
I think that this whole issue could have been so easily avoided if the codecs were pre-installed or built-in -- or even if there was a separate version of the product that included them as standard in the first place.
I couldn't agree more....... just bought MEP 2020.... cannot render a file in Mp4 to save my life. Tried EVERYTHING! The cost of the codec was minimal - less than $5.00, why, why ,why is it not included in the product and made sure it works before sale.