diff --git a/IPython/core/displaypub.py b/IPython/core/displaypub.py
index c12d873..254a5d5 100644
--- a/IPython/core/displaypub.py
+++ b/IPython/core/displaypub.py
@@ -31,6 +31,7 @@ from __future__ import print_function
 
 from IPython.config.configurable import Configurable
 from IPython.utils import io
+from IPython.utils.traitlets import List
 
 #-----------------------------------------------------------------------------
 # Main payload class
@@ -115,7 +116,20 @@ class DisplayPublisher(Configurable):
         if stderr:
             print('\033[2K\r', file=io.stderr, end='')
             io.stderr.flush()
-            
+
+
+class CapturingDisplayPublisher(DisplayPublisher):
+    """A DisplayPublisher that stores"""
+    outputs = List()
+
+    def publish(self, source, data, metadata=None):
+        self.outputs.append((source, data, metadata))
+    
+    def clear_output(self, stdout=True, stderr=True, other=True):
+        super(CapturingDisplayPublisher, self).clear_output(stdout, stderr, other)
+        if other:
+            # empty the list, *do not* reassign a new list
+            del self.outputs[:]
 
 
 def publish_display_data(source, data, metadata=None):
diff --git a/IPython/utils/capture.py b/IPython/utils/capture.py
new file mode 100644
index 0000000..b54c120
--- /dev/null
+++ b/IPython/utils/capture.py
@@ -0,0 +1,148 @@
+# encoding: utf-8
+"""
+IO capturing utilities.
+"""
+
+#-----------------------------------------------------------------------------
+#  Copyright (C) 2013  The IPython Development Team
+#
+#  Distributed under the terms of the BSD License.  The full license is in
+#  the file COPYING, distributed as part of this software.
+#-----------------------------------------------------------------------------
+from __future__ import print_function
+
+#-----------------------------------------------------------------------------
+# Imports
+#-----------------------------------------------------------------------------
+
+import sys
+from StringIO import StringIO
+
+#-----------------------------------------------------------------------------
+# Classes and functions
+#-----------------------------------------------------------------------------
+
+
+class RichOutput(object):
+    def __init__(self, source, data, metadata):
+        self.source = source
+        self.data = data or {}
+        self.metadata = metadata or {}
+    
+    def display(self):
+        from IPython.display import publish_display_data
+        publish_display_data(self.source, self.data, self.metadata)
+    
+    def _repr_mime_(self, mime):
+        if mime not in self.data:
+            return
+        data = self.data[mime]
+        if mime in self.metadata:
+            return data, self.metadata[mime]
+        else:
+            return data
+            
+    def _repr_html_(self):
+        return self._repr_mime_("text/html")
+    
+    def _repr_latex_(self):
+        return self._repr_mime_("text/latex")
+    
+    def _repr_json_(self):
+        return self._repr_mime_("application/json")
+    
+    def _repr_javascript_(self):
+        return self._repr_mime_("application/javascript")
+    
+    def _repr_png_(self):
+        return self._repr_mime_("image/png")
+    
+    def _repr_jpeg_(self):
+        return self._repr_mime_("image/jpg")
+    
+    def _repr_svg_(self):
+        return self._repr_mime_("image/svg+xml")
+
+
+class CapturedIO(object):
+    """Simple object for containing captured stdout/err StringIO objects"""
+    
+    def __init__(self, stdout, stderr, outputs=None):
+        self._stdout = stdout
+        self._stderr = stderr
+        if outputs is None:
+            outputs = []
+        self._outputs = outputs
+    
+    def __str__(self):
+        return self.stdout
+    
+    @property
+    def stdout(self):
+        if not self._stdout:
+            return ''
+        return self._stdout.getvalue()
+    
+    @property
+    def stderr(self):
+        if not self._stderr:
+            return ''
+        return self._stderr.getvalue()
+    
+    def show(self):
+        """write my output to sys.stdout/err as appropriate"""
+        sys.stdout.write(self.stdout)
+        sys.stderr.write(self.stderr)
+        sys.stdout.flush()
+        sys.stderr.flush()
+        for source, data, metadata in self._outputs:
+            RichOutput(source, data, metadata).display()
+    
+    __call__ = show
+
+
+class capture_output(object):
+    """context manager for capturing stdout/err"""
+    stdout = True
+    stderr = True
+    display = True
+    
+    def __init__(self, stdout=True, stderr=True, display=True):
+        self.stdout = stdout
+        self.stderr = stderr
+        self.display = display
+        self.shell = None
+    
+    def __enter__(self):
+        from IPython.core.getipython import get_ipython
+        from IPython.core.displaypub import CapturingDisplayPublisher
+        
+        self.sys_stdout = sys.stdout
+        self.sys_stderr = sys.stderr
+        
+        if self.display:
+            self.shell = get_ipython()
+            if self.shell is None:
+                self.save_display_pub = None
+                self.display = False
+        
+        stdout = stderr = outputs = False
+        if self.stdout:
+            stdout = sys.stdout = StringIO()
+        if self.stderr:
+            stderr = sys.stderr = StringIO()
+        if self.display:
+            self.save_display_pub = self.shell.display_pub
+            self.shell.display_pub = CapturingDisplayPublisher()
+            outputs = self.shell.display_pub.outputs
+            
+        
+        return CapturedIO(stdout, stderr, outputs)
+    
+    def __exit__(self, exc_type, exc_value, traceback):
+        sys.stdout = self.sys_stdout
+        sys.stderr = self.sys_stderr
+        if self.display and self.shell:
+            self.shell.display_pub = self.save_display_pub
+
+
diff --git a/IPython/utils/io.py b/IPython/utils/io.py
index e5be667..ddd21ab 100644
--- a/IPython/utils/io.py
+++ b/IPython/utils/io.py
@@ -18,6 +18,7 @@ import os
 import sys
 import tempfile
 from StringIO import StringIO
+from .capture import CapturedIO, capture_output
 
 #-----------------------------------------------------------------------------
 # Code
@@ -226,63 +227,3 @@ def raw_print_err(*args, **kw):
 # Short aliases for quick debugging, do NOT use these in production code.
 rprint = raw_print
 rprinte = raw_print_err
-
-
-class CapturedIO(object):
-    """Simple object for containing captured stdout/err StringIO objects"""
-    
-    def __init__(self, stdout, stderr):
-        self._stdout = stdout
-        self._stderr = stderr
-    
-    def __str__(self):
-        return self.stdout
-    
-    @property
-    def stdout(self):
-        if not self._stdout:
-            return ''
-        return self._stdout.getvalue()
-    
-    @property
-    def stderr(self):
-        if not self._stderr:
-            return ''
-        return self._stderr.getvalue()
-    
-    def show(self):
-        """write my output to sys.stdout/err as appropriate"""
-        sys.stdout.write(self.stdout)
-        sys.stderr.write(self.stderr)
-        sys.stdout.flush()
-        sys.stderr.flush()
-    
-    __call__ = show
-
-
-class capture_output(object):
-    """context manager for capturing stdout/err"""
-    stdout = True
-    stderr = True
-    
-    def __init__(self, stdout=True, stderr=True):
-        self.stdout = stdout
-        self.stderr = stderr
-    
-    def __enter__(self):
-        self.sys_stdout = sys.stdout
-        self.sys_stderr = sys.stderr
-        
-        stdout = stderr = False
-        if self.stdout:
-            stdout = sys.stdout = StringIO()
-        if self.stderr:
-            stderr = sys.stderr = StringIO()
-        
-        return CapturedIO(stdout, stderr)
-    
-    def __exit__(self, exc_type, exc_value, traceback):
-        sys.stdout = self.sys_stdout
-        sys.stderr = self.sys_stderr
-
-