Multimedia refers to content that uses multiple forms of media like text, images, audio, video, and animation to inform or entertain users. It has become common in presentations and has various applications from entertainment to education. Multimedia consists of five basic elements - text, audio, images, animation, and video. It can be linear, with no user control over progression, or non-linear, allowing interactivity. The World Wide Web is a major hypermedia application that incorporates multimedia elements and links to connect documents.