What Is the Final Cut Pro XML Interchange Format?

By default, Final Cut Pro saves every element of a project, such as clips, bins, and sequences, in a project file. Although this project file is compact and efficient, you usually can’t open it in third-party applications. What if you want to transfer all of your log notes to a spreadsheet application, or an entire sequence along with all of your color correction settings to another nonlinear editing application? The Final Cut Pro XML Interchange Format was created so that every detail of your project file can be transferred to a system that doesn’t recognize native Final Cut Pro projects.