I would like to remove movies synced on my itunes account and transfer them to a new itunes account. Is this possible?

Hello,
For years I have been using my main Apple ID to sync with itunes on my work laptop. Over the years we've added many i-devices (iphone, 2 ipads, ipod, apple TV) which have been all syncing to the same Apple ID. I have gotten to the point where my work computer doesn't have enough memory to house everything and I wanted to find a resolution to this.
My initial thoughts were to delete my kids' movies from the iTunes account on my computer and only keep them on the various devices. When I try to do so I get a warning that the movie I would like to delete will also delete from all of my devices. I don't want to do this...
So, I just bought a new computer for the house and have created a new Apple ID for it. I would like to transfer all of the movies currently residing on my computer with my current apple ID to the new computer with the new Apple ID. I don't want to have the movies on both Apple IDs, only one so this should not be an infringement on copyright. I've searched on the web and have not found a solution for this.
I must remove the movies from my computer (they were all purchased through iTunes, by the way) but don't want to repurchase them on the new Apple ID as it will cost me hundreds of dollars.
Any ideas on how to transfer the movies are welcomed.

All iTunes purchases are permanently attached to the account used to obtain them and can't be transferred.
I would suggest you relocate your iTunes library onto a drive big enough to hold it all, with room for growth, and obtain a second to act as a backup.
tt2

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