As I was doing the same thing (cleaning up my movies library) up until now, I had to find a workaround, which was :
- Open the image in Photoshop,
- (unlock first layer)
- Image size / Set it to 1000 px height for exemple
- Canvas Size / set width to 1000px (yup... make it square 😉 with transparent sides)
- Save as PNG
(all of which can be recorded in Photoshop as a script, and can be applied to a folder full of images you'd like to use)
Open in Preview,
- Select All, Copy (cmd+A, cmd+C...)
- Paste in the usual Icon via cmd+I on the file / folder.
Weirdly, it actually crops out the transparent unused space, and shows it exactly as it used to before Sierra !