With video automation you can animate Video Effects applied to parts that generate video. While in audio automation you usually have one automation part per whole track, in Video automation you usually have multiple automation parts that control different parts of the effect to be animated. All Turbo Play video effects contain automation parameters which you can control using the editor.
When using Masks, you can mask an appearance of a video effect. This can be also automated, by adding a 2D transform to the geometry involved in the mask. This transform (scale, rotate, translate, skew) has parameters which can be automated, so you can create a moving mask effect for example, by animating the X factor of a 2D translate effect.
You can automate layer placement parameters (x,y,width and height) of a layer.
You can automate text parameters, including shift positions and rotation. When the text is in Direct2D mode, then the individual range text parameters can be automated (weight, style, kerning, spacing, transforms).