Iconic Hollywood sign saved by Hugh Hefner

Tuesday April 27, 2010

The famous Hollywood sign has been saved from being destroyed by property development after a last-minute donation from Playboy mogul Hugh Hefner.

The American star gave $900,000 (£580,000) to a fund which was set up to stop the site being developed.

California Governor Arnold Schwarzenegger described the news as "the Hollywood ending we hoped for".

"It's a symbol of dreams and opportunity," he adds.

Hugh's contribution means 138 acres around the hillside sign will be protected from developers, who wanted to turn the land into high-price housing estates.

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