The iMovie Library file is really a package: a sort of folder that contains stuff you don't typically need to access directly, and which should move together whenever you need to move the main file. All the iMovie library files are stored in the package format. Everything is contained under the package along with the extension.imovielibrary. The default location of this is at Users/ /Movies). Extra Tips: How to Recover Accidentally Deleted iMovie Files.
iMovie 10 no longer has iMovie projects and iMovie events folders. Everything is inside a package with the extension .imovielibrary. Its default location is at Users/ / Movies. For more info see: http://help.apple.com/imovie/mac/10.1/#/mov3fa25bae7
If want to use it on another computer, that computer must be using the same version of iMovie. If you are using media from another library (eg Photos, iTunes etc.) you will have to 'consolidate the library first. see: http://help.apple.com/imovie/mac/10.1/#/mov882dee351
for details.
Geoff.
Move Imovie Library
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Apr 8, 2016 1:12 PM