Hollywood, California is within a district
of the City of Los Angeles. It runs from Vermont Avenue
on the east to just beyond Laurel Canyon Boulevard above
Sunset and Crescent Heights Boulevards on the west;
the north to south boundary east of La Brea Avenue runs
from about Mulholland Drive in the Hollywood Hills of
the Santa Monica Mountains and Griffith Park to Melrose
Avenue; and the north to south boundary west of La Brea
runs from about Mulholland in the hills to Fountain
Avenue, with Crescent Heights as the west boundary south
of Sunset Boulevard. The population of the district
is estimated at about 300,000 people.
The first Academy Awards presentation
ceremony took place on May 16, 1929 at the Hollywood
Roosevelt Hotel on Hollywood Boulevard.
The television and film industry contributes
around $34 billion to the state economy every year.
Lower production costs in other states and countries
have caused many productions to move out of California
in recent years, taking their jobs with them.
“We want to make California again the entertainment
capital of the world,” said Governor Arnold Schwarzenegger.
“There are so many people that are out of work in
Hollywood. People want jobs.”
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