For Immediate Release
March 11, 2010
Contact:
Tim Ahern, 415-710-9095
Paige Rausser, 310-270-5168
HOLLYWOOD TO HELP PRESERVE LAND
AROUND HOLLYWOOD SIGN
LOS ANGELES - The Trust for Public Land (TPL) announced today that
donations totaling $3.1 million on behalf of major studios and a number of
other Hollywood leaders have been made to help buy the land at Cahuenga Peak
and preserve the view of the famous Hollywood Sign.
The
contributions bring to $9.45 million the total amount raised, said TPL President
Will Rogers. TPL needs to raise a total of $12.5 million by the April 14
deadline in order to protect the land from potential development.
These
contributions include major donations from 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. Other Hollywood
leaders to contribute include Tom Hanks and Rita Wilson, and Norman Lear.
"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 Rogers. "With this generous support
from the leaders of Hollywood we are one step closer to preserving this
valuable resource."
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 theHollywood
Sign to the list of special places we have protected in California."
TPL
holds an option to buy the 138 acres behind, and to the left, of the
"H" in the sign, stretching west to Cahuenga Peak. The option
expires April 14.
The
land was originally purchased by industrialist Howard Hughes in 1940, to build
a home for actress Ginger Rogers. But the relationship between the two
fell apart and after Hughes died, his estate sold the property in 2002 to a
group of Chicago investors. They put the property on the market two years
ago for $22 million. It is zoned to build four luxury homes.
In
addition to support from the Hollywood community, Aileen Getty has donated $1
million, and The Tiffany & Co. Foundation has been a major supporter with a
$1 million donation.
"The
Hollywood Sign is an American icon that holds a unique place in the nation's
collective imagination and the cultural history of Los Angeles," said
Michael J. Kowalski, chairman and CEO of Tiffany & Co. "As an American
institution, Tiffany has enjoyed its share of memorable movie moments and
through our foundation, is committed to protecting our natural resources and
pleased to assist The Trust for Public Land in protecting this historically
significant site."
Besides
TPL, Tiffany and Ms. Getty, other collaborators in the campaign include the
Hollywood Sign Trust, the Santa Monica Mountains Conservancy, the Mountains
Recreation and Conservation Authority, Los Angeles City Councilman Tom LaBonge,
the Los Angeles Department of Recreation and Parks, the Los Angeles Parks
Foundation, and the Hollywood Chamber of Commerce.
There
has also been strong local grassroots support from people who live in the Los
Angeles area. Hundreds of local residents have given money and are
hosting fund-raisers.
TPL
is a national, nonprofit land conservation organization that conserves land for
people to enjoy as parks, community gardens, historic sites, rural lands, and
other natural places, ensuring livable communities for generations to come.
Since 1972, TPL has worked with willing landowners to complete for than 4,500
projects in 47 states, protected 2.8 million acres. Visit www.tpl.org
Contact:
Tim Ahern, TPL,
415-710-9095; tim.ahern@tpl.org
Paige Rauser, TPL,
310-270-5158; paige.rausser@tpl.org
###
Tim Ahern
Director, Media Relations
The Trust for Public Land(TPL)
116 New Montgomery Street,, 4th floor
San Francisco, Cal. 94105
(415) 495-4014, ext. 425
tim.ahern@tpl.org
www.tpl.org
Conserving Land for People - an average of 350 acres of parks and open space
each and every day. On the Web at http://www.tpl.org
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