Thompson on Hollywood

California Gov. Arnold Schwarzenegger announced Monday that Playboy founder Hugh Hefner has plunked down $900,000 to help to preserve 138-acres of land surrounding the landmark Hollywood sign, which the governator calls a "symbol of dreams and a symbol of opportunity and hope," reports the LAT:

Another $500,000 matching grant came from the Tiffany Foundation and Aileen Getty, it was announced Monday by the Trust for Public Land, which spearheaded the rally to save the sign in the Hollywood Hills.