This is true.It was mentioned on tv that a new hotel called media hotel will have the worlds largest screen extended over the exterior.
two pics from the ad back in Dec:
From the KT:
Capital Plus launches Dh1b Media Hotel
13 May 2007
DUBAI — The Dubai-based Capital Plus holding company yesterday celebrated breaking the ground for its first development in Dubai Studio City, when it launched 'Media Hotel'. The Dh1 billion development will be under the management of Windham Ramada Hotels.
The launch event was attended by the famous Arab signer Raghib Alama, who'll be the brand ambassador for the hotel and is one of the investors in this new project. The famous Lebanese singer believed that "with the great support always given by both the public and private sectors in the UAE to art and artists, Dubai could play a major role in the region and in the near future become a leading hub for art and media production."
The event was attended by Dr Mohamed Saleh, Chairman of Capital Plus Holding Company, Jamal Sheriff, Director of Dubai Studio City and Raghib