California Gov. Arnold Schwarzenegger, left , joins Los Angeles City Councilman Tom LaBonge, right, and officials from the Trust for Public Land to announce the success of the 'Save the Cahuenga Peak' campaign, after raising $12.5 million to acquire Cahuenga Peak, a 138-acre parcel of land just west of the landmark Hollywood sign on Monday, April 26, 2010, in Los Angeles. (AP Photo/Damian Dovarganes)AP – The Hollywood sign has been spared from urban sprawl and will stand unobscured to welcome future actors, writers and Austrian bodybuilders, Gov. Arnold Schwarzenegger said Monday.