Posted on 04/27/2010 7:53:05 AM PDT by JoeProBono
The famous Hollywood sign has been saved from being spoiled by property development by a last-minute donation from Playboy mogul Hugh Hefner.
The soft-porn magnate gave $900,000 (£580,000) to the fund which was set up to stop the site being developed.
The sign is owned by the city, but the property around it belongs to a group of Chicago-based investors.
California Governor Arnold Schwarzenegger described the news as "the Hollywood ending we hoped for".
(Excerpt) Read more at news.bbc.co.uk ...
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