"In short, it's a mess. Surprisingly, THR found that no local agency or organization — not the Hollywood Chamber of Commerce, not the Los Angeles Tourism and Convention Board, not the mayor's office — bothers to track how many people visit the sign or even tries to put a dollar figure on how it directly impacts tourism. The city itself technically owns the sign and the land — it sits in the public Griffith Park. Yet L.A. has ceded responsibility for its maintenance to the state-registered trust, which in turn features a board whose seats are majority-controlled by members of the chamber."
Read the rest about the controversy of tourists versus residents over the Hollywood Sign.