Hey Martin, I didn’t do overlay in Blender yet but I did it in Final Cut Pro and it worked.! The animation done with GP is transparent and is working fine on top of my video – Sun is shining baby 🌞. I thought you might want to know.

In addition to checkmarking ‘Transparent’ under Film like you suggested I had to select those settings in Output properties:

Thank you again man 🙏
P.S. I still couldn’t figure out the issue with the video from the other feed. I couldn’t find no nodes through.