A video editing system comprising a computer or mobile device with a display screen, executing a software program whereby virtual film editing equipment is projected on the screen and used to edit motion video and audio programs as if they were physical strips of film or magnetic tape. The user of the system uses a fingertip, mouse, or spoken commands to control the virtual film editing equipment in much the same manner as mechanical film equipment is used to edit film and magnetic tape. A virtual camera on the screen is used to select video or audio clips to edit. A virtual film viewer is used to cut the virtual film clips. A virtual film reel is used to represent the assembled clips organized into a hierarchical structure. A virtual film projector is used to present choices to the user for the export of the reels for presentation to an audience.