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So formatting multiple text layers is a lot easier than it's been in previous versions of Photoshop, because you can simply just select more than one layer now. In previous versions, you had to kind of go through this notion of linking text layers and depending on how far back you go, you had to actually hold down the Shift key when you chose something like font or size to get the multiple layers to change. Now it's just a matter of simply selecting the layers that you want to change. Hold down the Shift key to select more than one layer and you can just continue to do Shift-clicking. If you have several layers that are not next to each other that you want to select you can do what's called Discontinuous Selection, by holding down the Command key or the Ctrl key on Windows and clicking on those and just Command-click or Ctrl -click specifically on what you want to select.
Okay, so now that I have these selected I just switch to my Text tool, type T, and if I want to change the font, I can hit the Enter key. It puts the focus on the Font field. If I want these to be Rockwell, I'll hit the Tab key to jump to the next field over in the Options bar. I want these to be bold, so I just type B, and it jumps to bold. I hit the Tab key again. I want to change the type size. I want to make it, say, 48 and I hit Enter and all the text layers that I had selected are all modified or get edited at the same time. So pretty easy. Just select the layers you want to edit together and then use your Text tool to select them.
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