This problem also happens to me in Final Cut. Since one week or so, the common audio effects and music clips are missing. I have removed these two applications, rebooted the computer and installed again iMovie, with the same results. Any idea?

  • I know it won't help, but that is a lesson for life: never use plugins, built in effects, presets and templates. I can restore projects from almost 20 years, because I manage every asset (including fonts) manually. – Mateus Ribeiro Apr 1 at 0:14
  • Finally I fixed it by upgrading to Big Sur. – ramz Apr 2 at 10:52

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