I'll take a shot at it. I don't really use MC's theater view, but when I launch it on my set up, I see two lines of text, regardless of the level.
When I look at your first picture, there appears to be a blank line between the picture and the first line where text appears. It looks as though there is space available for text, but for some reason it is not used and only starts on the second line. Maybe you accidentally inserted a line return or some special character MC interprets as "move to next line" perhaps?