A multimedia display and editing system for editing multimedia projects on a display screen. A computer display screen is presented to the user which provides three different views of multimedia information. The first view is the Player which resembles a virtual video recorder with a display monitor. The second view is a story board which is very similar to a traditional story board. The third view is the Strip Viewer which presents the user with a time-line based view of the multimedia information. On the Strip Viewer display is an innovative screen tool referred to as a "Splinder", which is used for editing the beginning and ending points of displayed multimedia tracks. The Splinder splits two segments of multimedia information. The Splinder can be used to edit the ends of the two multimedia information segments.