Thanks in part to a $900,000 donation from Playboy founder Hugh Hefner, The Trust for Public Land conservation group has raised enough money to protect the land surrounding the famed Hollywood sign from development, The Associated Press reports.
Gov. Arnold Schwarzenegger held a news conference, calling the outcome "the Hollywood ending we hoped for."
"It's a symbol of dreams and opportunity," he said. "The Hollywood sign will welcome dreamers, artists and Austrian bodybuilders for generations to come."
Hefner, whose donation brought the fundraising total to $12.5 million, said, "My childhood dreams and fantasies came from the movies, and the images created in Hollywood had a major influence on my life and Playboy."