Matinee: Recording AVIs in Premiere causes 'banding'

I’m recording a bunch of gameplay to AVIs, and I’m finding that all of them look fine when I play the AVIs directly, but when I import them into Premiere, the video it outputs has odd “banding” everywhere. This is 100% consistent for all the videos.

Here’s what it looks like:


On the other hand, simply re-importing the same AVI into Windows Movie Maker and processing a WMV from that and then importing that WMV into Premiere seems to work around the problem:


This seems broadly related to this issue: UE 4.10: Matinee videos are dark - Platform & Builds - Unreal Engine Forums , since that was also an issue that was worked around by reprocessing the AVI files to WMV in the same way.

Here are the settings I’m using: