This Oct. 17, 2012 rendering released by AMPAS/Renzo Piano Building Workshop shows the Concept Phase of the new Academy Museum of Motion Pictures, designed by architects Renzo Piano and Zoltan Pali, with a view from Fairfax Avenue looking north in Los Angeles. The Academy of Motion Picture Arts and Sciences announced Thursday, Oct. 18, 2012, that the first major American museum dedicated to film will occupy the historic May Company Wilshire building. Piano and Pali's design restores the street front facades of the 1938 building and will include a new modern movie theater. (AP Photo/AMPAS, Renzo Piano Building Workshop)

Associated Press
This Oct. 17, 2012 rendering released by AMPAS/Renzo Piano Building Workshop shows the Concept Phase of the new Academy Museum of Motion Pictures, designed by architects Renzo Piano and Zoltan Pali, with a view from Fairfax Avenue looking north in Los Angeles. The Academy of Motion Picture Arts and Sciences announced Thursday, Oct. 18, 2012, that the first major American museum dedicated to film will occupy the historic May Company Wilshire building. Piano and Pali's design restores the street front facades of the 1938 building and will include a new modern movie theater. (AP Photo/AMPAS, Renzo Piano Building Workshop)
This Oct. 17, 2012 rendering released by AMPAS/Renzo Piano Building Workshop shows the Concept Phase of the new Academy Museum of Motion Pictures, designed by architects Renzo Piano and Zoltan Pali, with a view from Fairfax Avenue looking north in Los Angeles. The Academy of Motion Picture Arts and Sciences announced Thursday, Oct. 18, 2012, that the first major American museum dedicated to film will occupy the historic May Company Wilshire building. Piano and Pali's design restores the street front facades of the 1938 building and will include a new modern movie theater. (AP Photo/AMPAS, Renzo Piano Building Workshop)
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