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...reopen in May after two years of restoration and expansion. The $48 million project will increase exhibition space by two-thirds, even though critics charge that a new, 10- story annex designed by Gwathmey & Siegel detracts from the Wright building's architecture. At the same time, the Guggenheim will unveil a fully funded $5.5 million exhibition and office space in New York's SoHo district, designed by Arata Isozaki. To help pay for the flagship expansion -- and additional storage facilities -- the Guggenheim floated $54.9 million in tax- exempt bonds in 1989. Other museums issue bonds to finance projects, but typically...

Author: /time Magazine | Title: The Ceo Of Culture Inc. | 1/20/1992 | See Source »

...term blind date may end up an anachronism. This week the communications giant is scheduled to unveil its VideoPhone 2500, a compact telephone with color screen and camera lens that allows callers to get an up- close-and-personal look at each other while they're conversing. Although video telephone conferencing systems have become almost standard equipment in the world of business, they come with a $25,000 price tag and require special operating networks. AT&T's home phone is expected to cost $1,500, and will plug into a standard telephone outlet...

Author: /time Magazine | Title: Telecommunications: Reach Out and See Someone | 1/13/1992 | See Source »

...underscore those predictions, technology watchers are being treated this month to an unprecedented burst of multimedia-related activity. Last week representatives of more than 70 high-tech firms, led by Microsoft and Tandy, gathered at the American Museum of Natural History in New York City to unveil the Multimedia PC (MPC), a souped-up personal computer that can play games, video and interactive programs stored on silver discs that look like audio CDs. Prices start at $2,800 -- or about $800 more than an ordinary PC. One week earlier, former archrivals Apple and IBM revealed plans to start a joint...

Author: /time Magazine | Title: The World on a Screen | 10/21/1991 | See Source »

This week the Dutch electronics giant Philips will unveil its Compact Disc Interactive system, also called CD-I, a $1,000 computerized CD player that can be hooked up to a standard TV set to play all manner of games and run interactive programs. Five years in the making, the VCR-size unit joins CDTV, | a similar machine that was introduced by Commodore in January, and CD-ROM, a system for playing CDs on Apple and IBM-compatible personal computers. Even Nintendo has announced plans to attach a compact-disc drive to the latest version of its video-game machine...

Author: /time Magazine | Title: The World on a Screen | 10/21/1991 | See Source »

...good interactive multimedia can be fiendishly expensive to produce. Development costs for a typical title start at a quarter-million dollars. IBM this week will unveil the most ambitious -- and expensive -- multimedia project ever attempted: an elaborate exploration of Columbus' world created by former Hollywood filmmaker Robert Abel that took more than a year and some $5 million to produce. Packed with 180 hours worth of slickly polished text, art, music and video sequences (among them an interview with one of the explorer's living descendants), the program, which will sell for about $3,000, takes pains to represent...

Author: /time Magazine | Title: The World on a Screen | 10/21/1991 | See Source »

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