Now I'm a bit confused
I don't know which version is your "old" one, and which is your "new" one. You wrote before that you have Producer 4. We are now at version 5 !
Anyway here is how to do it:
For Producer 4Slide Options > Layers > Layer Settings > Scaling
Choose the mode that you want.
Right Click on the word itself and you will get an additional small pop-up menu. In this menu choose "Copy Size Mode to All Slides".
For Producer 5:Slide Options > Select the layer (the picture) with your mouse
Layer Settings > Layer Setup > Scaling
Choose the mode you want
Right Click on the word itself and you will get an additional small pop-up menu. In this menu choose "Copy Size Mode to All Slides".