Multimedia involves combining different media types like text, graphics, audio, and video. It is enabled by digital technologies that allow media to be represented, stored, transmitted, and processed digitally. A multimedia system integrates different media types on a computer in a synchronized manner. It has challenges like rendering multiple media simultaneously and maintaining temporal relationships between media during playback. Multimedia systems require features like high processing power, specialized file systems and formats, efficient I/O, and large storage and memory to handle multimedia data and applications. Common applications include the world wide web, education, training, and interactive television.