This is an update for the video editor. Now you can easily change the position of the visualizer and text items. Additionally you can add and remove text items, and customize each item individually.
To change the visualizer position go to the Visualizer settings and then go to the Shape tab. You can find the position sliders near the bottom of the controls.
Text controls received a rework that allows you to control each individual text item and add your desired number of text items. Similar to the visualizer, you can now move text items wherever you want. Use the anchor setting to get the perfect position.