Hugh Hefner Saves Hollywood

Maybe it’s because the hills around it are round and mammarian, maybe because it has the word “wood” in it, but whatever the reason, Playboy founder Hugh Hefner decided to step up and save the Hollywood sign today. The Hef chipped in the final $900,000 to purchase the land just to the west of the sign, saving it from potential development. The total cost for the 138-acre property was $11.7 million, up from $1.7 eight years ago.