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.