Upgrade from Adobe Premiere Pro 1.5 to the latest version

I purchased few years ago Adobe Premiere Pro 1.5 and enjoying it since.
Recently I purchased a new camcorder outputing MP4 and AVCHD video formats which cannot be read by Adobe Premiere Pro 1.5.
What are my options?
Is there a path to upgrade from Adobe Premiere Pro 1.5 to a version which can read MP4 and AVCHD video formats?
Philippe

There are two solutions for you and neither of them offer any discount for already having version 1.5 since it was released over 10 years ago.
You can atill purchase Premiere Pro CS6 (which will never, ever, be upgraded) and have it for a one time price, or, you can simply subscribe to the Creative Clould and get the latest and greatest Premiere Pro CC.
To sign up for one product is $19.99 per month, and to sign up for all of them is $49.99 per month. That is just about every Adobe program from Premiere Pro, Audition, After Effects, Illustrator, InDesign, all the way through to Acrobat Pro.
See here for a list of membership plans.

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