Hollywood Sign building for the antennas. From 1939 to 1947, this site was the location of the studios and transmitter of the first television station in Los Angeles, W6XAO (now KCBS-TV), founded by The Don Lee Network, hence the name Mount Lee. The TV studio left this location in 1948, and the transmission facility left in 1951, moving to the higher Mount Wilson. Land in the vicinity of the sign was purchased by Howard Hughes in 1940, who planned to build a hilltop mansion at Cahuenga Peak for actress Ginger Rogers. Before long Rogers broke off their engagement and the lot remained
Hollywood on the Tiber by Hollywood studios, which reached its height with 20th Century Fox's "Cleopatra" in 1963. The phrase "Hollywood on Tiber", a reference to the river that runs through Rome, was coined in 1950 by "Time Magazine" during the making of "Quo Vadis". Following World War II, Hollywood studios increasingly shifted production abroad both to take advantage of lower costs and to use frozen funds (profits from American films which foreign governments barred from export). These films, known as runaway productions, could also benefit from local subsidies. By the early 1950s, some of the largest-budget American films were being shot in European