diff --git a/youtube_transcript_api/test/assets/transcript.xml.static b/youtube_transcript_api/test/assets/transcript.xml.static
index ec777e7..64f9c3c 100644
--- a/youtube_transcript_api/test/assets/transcript.xml.static
+++ b/youtube_transcript_api/test/assets/transcript.xml.static
@@ -1,7 +1,7 @@
 <?xml version="1.0" encoding="utf-8" ?>
 <transcript>
     <text start="0" dur="1.54">Hey, this is just a test</text>
-    <text start="1.54" dur="4.16">this is not the original transcript</text>
+    <text start="1.54" dur="4.16">this is &lt;i>not&lt;/i> the original transcript</text>
     <text start="5" dur="0.5"></text>
     <text start="5.7" dur="3.239">just something shorter, I made up for testing</text>
 </transcript>
\ No newline at end of file
diff --git a/youtube_transcript_api/test/test_api.py b/youtube_transcript_api/test/test_api.py
index 3bda630..122ffd7 100644
--- a/youtube_transcript_api/test/test_api.py
+++ b/youtube_transcript_api/test/test_api.py
@@ -61,6 +61,18 @@ class TestYouTubeTranscriptApi(TestCase):
             ]
         )
 
+    def test_get_transcript_formatted(self):
+        transcript = YouTubeTranscriptApi.get_transcript('GJLlxj_dtq8', preserve_formatting=True)
+
+        self.assertEqual(
+            transcript,
+            [
+                {'text': 'Hey, this is just a test', 'start': 0.0, 'duration': 1.54},
+                {'text': 'this is <i>not</i> the original transcript', 'start': 1.54, 'duration': 4.16},
+                {'text': 'just something shorter, I made up for testing', 'start': 5.7, 'duration': 3.239}
+            ]
+        )
+
     def test_list_transcripts(self):
         transcript_list = YouTubeTranscriptApi.list_transcripts('GJLlxj_dtq8')
 
@@ -254,11 +266,11 @@ class TestYouTubeTranscriptApi(TestCase):
                 {'text': 'just something shorter, I made up for testing', 'start': 5.7, 'duration': 3.239}
             ]
         )
-    
+
     def test_get_transcript__assertionerror_if_input_not_string(self):
         with self.assertRaises(AssertionError):
             YouTubeTranscriptApi.get_transcript(['video_id_1', 'video_id_2'])
-    
+
     def test_get_transcripts__assertionerror_if_input_not_list(self):
         with self.assertRaises(AssertionError):
             YouTubeTranscriptApi.get_transcripts('video_id_1')
diff --git a/youtube_transcript_api/test/test_cli.py b/youtube_transcript_api/test/test_cli.py
index d14f331..26ffabc 100644
--- a/youtube_transcript_api/test/test_cli.py
+++ b/youtube_transcript_api/test/test_cli.py
@@ -12,7 +12,7 @@ class TestYouTubeTranscriptCli(TestCase):
         self.transcript_mock = MagicMock()
         self.transcript_mock.fetch = MagicMock(return_value=[
             {'text': 'Hey, this is just a test', 'start': 0.0, 'duration': 1.54},
-            {'text': 'this is not the original transcript', 'start': 1.54, 'duration': 4.16},
+            {'text': 'this is <i>not</i> the original transcript', 'start': 1.54, 'duration': 4.16},
             {'text': 'just something shorter, I made up for testing', 'start': 5.7, 'duration': 3.239}
         ])
         self.transcript_mock.translate = MagicMock(return_value=self.transcript_mock)