Currently Being ModeratedNov 14, 2012 3:18 PM (in response to fmaggi)
Projects and Events do not contain photos and music. Your project contains the path and filename to the photos and music, which are usually kept in iPhoto and iTunes.
If you are moving to a different Mac, there is a command called FILE/CONSOLIDATE MEDIA which will add a copy of music and photos to your project.
See the details here in the last paragraph.
Currently Being ModeratedNov 14, 2012 3:28 PM (in response to AppleMan1958)
Got it. That solves the problem. Thanks for the response.