California - News
Group still needs millions for Hollywood sign land
Posted: Mar 11, 2010 10:43 AM
Updated: Mar 11, 2010 10:43 AM
LOS ANGELES (AP) It's a Hollywood cliffhanger, in more ways than one.
The Trust for Public Land said Thursday that it's about $3 million away from the $12.5 million it needs by the middle of next month if it wants to preserve the hilltop property beside the world-famous Hollywood sign.
The group says nearly all the country's major TV and movie studios are among the most recent contributors to the roughly $9.5 million it's raised so far through donations and government grants.
Steven Spielberg, the Lucasfilm Foundation and Tom Hanks also contributed.
The group hopes to buy the land from its Chicago area-based owners and give it to the city, so it can be incorporated into the adjacent 4,200-acre Griffith Park.
Its option to buy the parcel expires April 14.
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