1. A multimedia system comprising: a processor having a bus interface, the processor including a first decompression scheme for decompressing pixel data read from the bus interface and a first compression scheme for writing compressed pixel data to the bus interface, the processor operating on decompressed pixel data; a three-dimensional graphics engine having a bus interface, the three-dimensional graphics engine including the first decompression scheme for decompressing pixel data read from the bus interface and the first compression scheme for writing compressed pixel data to the bus interface, the three-dimensional graphics engine operating on decompressed pixel data to generate three-dimensional graphics content; a display controller having a bus interface and a display interface, the display controller including the first decompression scheme for decompressing pixel data read from the bus interface, and writes display pixel data to the display interface; a memory having a bus interface; and a bus coupled to the bus interfaces of the processor, the three-dimensional graphics engine, the display controller, and the memory.