It acquired a significant collection of film and television artifacts which remain available, held by the Margaret Herrick Library of the Academy of Motion Picture Arts and Sciences,[1] and partly or wholly duplicated at three other institutions.
The project was preceded and followed by other proposed and partly or wholly realized "Hollywood Museum" projects, including one developed and promoted by Debbie Reynolds (1932-2016) involving a nonprofit organization legally founded in 1972 which amassed a different collection of artifacts.
[4] Plans for the 1960s project--which in retrospect were perhaps too ambitious--included two sound stages, an observation gallery, where visitors would be able to view the actual production of motion picture and television shows, and a theater with a seating capacity of 500 people, where films of the past and present would be shown.
In addition, there was plans for projection rooms for private viewing or lectures, a library, restaurant and research facilities.
A major portion of the museum was to be devoted to displays, depicting the history of motion picture, television and radio and recording industries and showing the technical aspects of each.