iMovie

Update projects from earlier versions of iMovie
Projects and events created in earlier versions of iMovie must be updated to work with iMovie 10. You can update when you first open iMovie 10, or you can update later.
If you choose to update, projects and events are copied into a new library that works with iMovie 10.
If the update is interrupted or takes an extended period of time, see the Apple Support article Update iMovie projects and events on a Mac.
Important: Your iMovie library may contain media that will not be compatible with versions of macOS after macOS Mojave. This media compatibility issue is not resolved when you update projects and events to work with iMovie 10.