diff --git a/IPython/core/display.py b/IPython/core/display.py
index 624f587..6528e04 100644
--- a/IPython/core/display.py
+++ b/IPython/core/display.py
@@ -169,6 +169,24 @@ def display_html(*objs, **kwargs):
     _display_mimetype('text/html', objs, **kwargs)
 
 
+def display_markdown(*objs, **kwargs):
+    """Displays the Markdown representation of an object.
+
+    Parameters
+    ----------
+    objs : tuple of objects
+        The Python objects to display, or if raw=True raw markdown data to
+        display.
+    raw : bool
+        Are the data objects raw data or Python objects that need to be
+        formatted before display? [default: False]
+    metadata : dict (optional)
+        Metadata to be associated with the specific mimetype output.
+    """
+
+    _display_mimetype('text/markdown', objs, **kwargs)
+
+
 def display_svg(*objs, **kwargs):
     """Display the SVG representation of an object.
 
@@ -392,6 +410,12 @@ class HTML(TextDisplayObject):
         return self._repr_html_()
 
 
+class Markdown(TextDisplayObject):
+
+    def _repr_markdown_(self):
+        return self.data
+
+
 class Math(TextDisplayObject):
 
     def _repr_latex_(self):
diff --git a/IPython/core/displaypub.py b/IPython/core/displaypub.py
index 8052140..dedd9e9 100644
--- a/IPython/core/displaypub.py
+++ b/IPython/core/displaypub.py
@@ -77,6 +77,7 @@ class DisplayPublisher(Configurable):
 
         * text/plain
         * text/html
+        * text/markdown
         * text/latex
         * application/json
         * application/javascript
@@ -141,6 +142,7 @@ def publish_display_data(source, data, metadata=None):
 
     * text/plain
     * text/html
+    * text/markdown
     * text/latex
     * application/json
     * application/javascript
diff --git a/IPython/core/formatters.py b/IPython/core/formatters.py
index 33bdc17..d6f6dfe 100644
--- a/IPython/core/formatters.py
+++ b/IPython/core/formatters.py
@@ -129,6 +129,7 @@ class DisplayFormatter(Configurable):
         formatter_classes = [
             PlainTextFormatter,
             HTMLFormatter,
+            MarkdownFormatter,
             SVGFormatter,
             PNGFormatter,
             PDFFormatter,
@@ -152,6 +153,7 @@ class DisplayFormatter(Configurable):
 
         * text/plain
         * text/html
+        * text/markdown
         * text/latex
         * application/json
         * application/javascript
@@ -706,6 +708,20 @@ class HTMLFormatter(BaseFormatter):
     print_method = ObjectName('_repr_html_')
 
 
+class MarkdownFormatter(BaseFormatter):
+    """A Markdown formatter.
+
+    To define the callables that compute the Markdown representation of your
+    objects, define a :meth:`_repr_markdown_` method or use the :meth:`for_type`
+    or :meth:`for_type_by_name` methods to register functions that handle
+    this.
+
+    The return value of this formatter should be a valid Markdown.
+    """
+    format_type = Unicode('text/markdown')
+
+    print_method = ObjectName('_repr_markdown_')
+
 class SVGFormatter(BaseFormatter):
     """An SVG formatter.
 
@@ -826,6 +842,7 @@ class PDFFormatter(BaseFormatter):
 FormatterABC.register(BaseFormatter)
 FormatterABC.register(PlainTextFormatter)
 FormatterABC.register(HTMLFormatter)
+FormatterABC.register(MarkdownFormatter)
 FormatterABC.register(SVGFormatter)
 FormatterABC.register(PNGFormatter)
 FormatterABC.register(PDFFormatter)
@@ -844,6 +861,7 @@ def format_display_data(obj, include=None, exclude=None):
 
     * text/plain
     * text/html
+    * text/markdown
     * text/latex
     * application/json
     * application/javascript
diff --git a/IPython/html/static/notebook/js/outputarea.js b/IPython/html/static/notebook/js/outputarea.js
index 7bdcb52..2fe1c4c 100644
--- a/IPython/html/static/notebook/js/outputarea.js
+++ b/IPython/html/static/notebook/js/outputarea.js
@@ -248,6 +248,7 @@ var IPython = (function (IPython) {
     OutputArea.output_types = [
         'application/javascript',
         'text/html',
+        'text/markdown',
         'text/latex',
         'image/svg+xml',
         'image/png',
@@ -417,7 +418,9 @@ var IPython = (function (IPython) {
         }
         this._safe_append(toinsert);
         // If we just output latex, typeset it.
-        if ((json['text/latex'] !== undefined) || (json['text/html'] !== undefined)) {
+        if ((json['text/latex'] !== undefined) ||
+            (json['text/html'] !== undefined) ||
+            (json['text/markdown'] !== undefined)) {
             this.typeset();
         }
     };
@@ -488,7 +491,9 @@ var IPython = (function (IPython) {
         if (this.append_mime_type(json, toinsert, handle_inserted)) {
             this._safe_append(toinsert);
             // If we just output latex, typeset it.
-            if ((json['text/latex'] !== undefined) || (json['text/html'] !== undefined)) {
+            if ((json['text/latex'] !== undefined) ||
+                (json['text/html'] !== undefined) ||
+                (json['text/markdown'] !== undefined)) {
                 this.typeset();
             }
         }
@@ -545,6 +550,20 @@ var IPython = (function (IPython) {
     };
 
 
+    var append_markdown = function(markdown, md, element) {
+        var type = 'text/markdown';
+        var toinsert = this.create_output_subarea(md, "output_markdown", type);
+        var text_and_math = IPython.mathjaxutils.remove_math(markdown);
+        var text = text_and_math[0];
+        var math = text_and_math[1];
+        var html = marked.parser(marked.lexer(text));
+        html = IPython.mathjaxutils.replace_math(html, math);
+        toinsert.append(html);
+        element.append(toinsert);
+        return toinsert;
+    };
+
+
     var append_javascript = function (js, md, element) {
         // We just eval the JS code, element appears in the local scope.
         var type = 'application/javascript';
@@ -882,6 +901,7 @@ var IPython = (function (IPython) {
     OutputArea.display_order = [
         'application/javascript',
         'text/html',
+        'text/markdown',
         'text/latex',
         'image/svg+xml',
         'image/png',
@@ -893,6 +913,7 @@ var IPython = (function (IPython) {
     OutputArea.append_map = {
         "text/plain" : append_text,
         "text/html" : append_html,
+        "text/markdown": append_markdown,
         "image/svg+xml" : append_svg,
         "image/png" : append_png,
         "image/jpeg" : append_jpeg,