Hollywood Donates $3.1 Million To Help Preserve Land At Cahuenga Peak
Hollywood studios and leaders have rallied behind the Trust for Public Land (TPL) in its efforts to purchase the property at the Cahuenga Peak. Donations from Hollywood totaling $3.1 million combined with previous contributions bring TPL to $9.45 million of the total $12.5 million needed to preserve the view of the Hollywood sign. The full amount must be raised by April 14 in order to protect the land from possibly being developed for luxury homes.
“The Hollywood Sign is the world-wide symbol of the American entertainment industry and we are grateful that the Hollywood community has stepped up to help us protect this land,” said TPL President Will Rogers. “With this generous support from the leaders of Hollywood we are one step closer to preserving this valuable resource.”
Tinseltown contributions came from Tom Hanks and Rita Wilson, Norman Lear, The Academy of Motion Picture Arts and Sciences, CBS Corporation, The Entertainment Industry Foundation, Kathleen Kennedy and Frank Marshall, the Lucasfilm Foundation, NBC Universal, Sony Pictures Entertainment, Steven Spielberg, Twentieth Century Fox, Warner Bros. Entertainment Inc. and Time Warner Inc., and The Walt Disney Company Foundation.
Even the Governator is lending his support to the campaign. Gov. Arnold Schwarzenegger said, “We need to protect this land and this view of the Hollywood Sign. The sign is a vital link to generations of Hollywood story-tellers. As governor, I have made land conservation a priority and we need to add this land behind the Hollywood Sign to the list of special places we have protected in California.”
Outside of Hollywood, TPL has received donations from Aileen Getty and The Tiffany & Co. – both donating $1 million. And hundreds of Los Angeles area residents have given money and hosted fundraisers to protect the historical site.
For more information or to make an online donation visit tpl.org.