I have imported my movie files to the iMovie library (imovielibrary) but want them moved to the Photos library (photoslibrary).
What is the easiest most efficient way to do this without reimporting the from the original source?
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In finder navigate to the Imovie Library file. It should be in this directory
Users/NAME/Movies/iMovie Library. Right click the and select Show Package Contents.
There you'll find a directory for each event. Each event directory contains a folder called original media. Those files can be dragged into Photos.
Check this, i had the same problem as you and here is the solution : https://discussions.apple.com/thread/1501281?tstart=0