Live type and Final cut pro are also both industry standard programs like soundtrack pro. Live type is the program used to make titles and title sequence for films. This is also what we used to make titles in our bag swap scene.
This is where you make and select what you want to do on your title. There are many different types of fonts and animations to choose from for your titles. You can make it fade in and out and make it go off the screen in crazy and weird ways.