You can easily replace an existing videos clip with a new version of the video clip in the iMovie Theater. You can replace it when it has the same name. To replace an existing video clip, open iMovie Theater on your mac. Open the video clip which you want to replace and then click anywhere in the timeline. If you click in the timeline, you can replace your entire video clip. Click "Share" button located in the toolbar and then click "Theater" button. A dialog box appears and shows that an older version already exists in the iMovie Theater. Click "Replace" button to replace the existing version. Now click "Theater" button located in the toolbar to view the video clip in the iMovie Theater. This is how you can replace an existing video clip in iMovie Theater.
Quick Tip to ensure your videos never go missing
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