Images are loaded into the Media Browser or are integrated in the content at the campaign setting. Images are stored under a certain path, which depends on how you arrange the images in your Media Browser. The path can be, e.g.,
http://media.promio-mail.com/12391/pics/newsletter/bild1.jpg
The image is therefore in the folder “newsletter” and is called bild1.jpg. When you change the image path by moving the images to another folder or giving them another name, the path that was copied into the newsletter does not adapt automatically. Thus, the image cannot be displayed. It is not available in the mentioned path anymore.
So, when you set up images in the newsletter, make sure that the images will not be moved later.