This past weekend I've been reading The Billionaire's Vinegar which touches on the wine collection of William Koch but it's his brother David who has been in the news most recently. David H. Koch who is said to be the wealthiest person in New York City has, according to the NY Times agreed to contribute $100 million toward the renovation of the New York State Theater. The gift will put Koch's name on the door and will also be the largest private capital donation in the Lincoln Center's history. Koch says that he has been going to the New York State Theater for 40 years (he's 68) and he was aware the theater needed modernization. As of this fall it will be known as the David H. Koch Theater making it the same big name change of a New York institution in four months for a $100 million gift. The New York Public Library will be naming its main building after the Wall Street financier Stephen A. Schwarzman in return for his donation.

Koch has an estimated net worth of $17 billion. He will donate the money over 10 years, paying the first $15 million payment this summer and then $10 million annual payment for eight years plus a final $5 million installment. The deal does specify that the theater could be renamed for a new donor after 50 years with the Koch family retaining the right of first refusal. Koch has said he believes that a naming opportunity should last for a specific amount of time so that an institution can later pursue another round of fundraising.

Although there are plenty of causes, both locally and around the world, that need money for urgent and life-saving purposes, there is something to be said for giving a little energy and money to saving the arts as well. What is the world without beauty and creativity? One such charity is the Sundance Institute, founded by Robert Redford in 1981 as a way to "discover, support, and inspire independent film and theatre artists from the United States and around the world," and to get those works out to audiences. Perhaps most famous for its annual "Sundance Film Festival," the Sundance Institute has many programs and different ways to get involved so get inspired and check it out.

Most home theaters have a set number of seats and if you have extra people over you have to drag in chairs from elsewhere or hit the floor with pillows. Salamander Designs has created a new solution, a new Jump Seat Ottoman that will be debuted at the 2008 CES in Las Vegas. The Jump Seat Ottoman opens to reveal a hide-away theater seat that can be used as an extra seat for watching movies or playing video games. The seat is padded for comfort and even has a cup holder and room for a game control. It comes in a variety of different colors and fabrics.

For the home theater buffs out there, here comes the ultimate in big screen gadgets: a screen and projector that let you view the image from both sides.

Harmony Interiors of Asheville, N.C., originally created this reversible-image home theater system for a "golf dream home" in a prestigious Asheville community. Once they modified the screen and projector appropriately (both which, by the way, retract into the ceiling when not in use) they set it up so the image could either be viewed from inside the house in the cozy enclosed porch, or from the putting green outside with the simple push of a button.

Care to go outside and putt a few in while we watch the movie on the bigscreen? Sure!



Thanks Rachel!

Electronic House has shown off some pretty spectacular theaters before but this one is appealing not just because of the design but because of the inspiration. The theater, created by Johann Peters of Charisma Productions, is a demo theater that is based on "The Stag" the theater at George Lucas's Skywalker Ranch. The 16-seat demo theater features THX home components and speakers, a pro-grade JVC digital projector, JBL subs and Crown amps and a Mackie mixing console. It's not exactly like the original, which seats 300 and it is also a different color, but it has the same clean Art Deco lines. Peters got the idea after he attended a THX-certification session at Skywalker Ranch in 2000. The theater cost $100,000 to put together.

While friends watch media clips on their iPods and try to download TV shows to their cell phones, you can one-up them with the size and convenience of the Home Theater Watch. This little gadget has 2GB of built-in storage, which should be more than enough to hold a full-length feature film. It works with MP1, MP2, or MP3 and WMA audio files, as well as with JPEG images, and comes with software that will convert ASF, AVI, MPEG, WMV, DAT/VCD, and ASX files to a viewable format. The screen may be small, but the screen should provide resolution comparable to a PC. The watch is a great way to kill time when standing in line or when you're otherwise out and about, but bored and looking for entertainment. It is just $150.

[via bookofjoe]

There is a certain point at which a screen can become too large for most rooms inside the house, but it is hard to admit that a TV can ever be too big. Even if the TV fits easily into the space, you might not be able to get far enough away to actually view it comfortably. The solution is to take your TV outside, and the Outdoor Home Theater looks like a pretty good system to try. The weatherproof 8-foot screen inflates with an air pump in only 4 minutes, so unlike other projection screens, it doesn't need to be permanently set up in the yard. Two "weatherized" speakers, safe for outdoor use, are included with the screen and can be placed to create a surround-sound effect.

Unfortunately, this doesn't ship until mid-July, so you won't be able to get it in time for a 4th of July party, but it will make watching movies (or baseball games) on warm summer nights a lot more enjoyable. Price: $999.95.