FACT: Liverpool's New Home for Moving Image Art

The transcript describes a new art centre in Liverpool, featuring state-of-the-art cinemas, interactive exhibitions, and a media lounge. It aims to enhance Liverpool's bid for the European Capital of Culture 2008 and is part of the city's urban regeneration. The centre showcases works like Isaac Julian's film 'Baltimore' and provides resources for artists working with new media. FACT aspires to become the UK's leading centre for moving and visual art.

What new insight or understanding did you gain from this video?