Friday, February 3, 2012

Does anyone know when planet hollywood was formed? or when it became a company... also does anyone no any organisations who support them? plz help me|||Planet Hollywood, a theme restaurant chain inspired by the popular portrayal of Hollywood, was launched in New York on October 22, 1991, with the backing of Hollywood stars Sylvester Stallone, Bruce Willis, Arnold Schwarzenegger, and Demi Moore. It was a brainchild of Robert Earl, former president of Hard Rock Cafe. Planet Hollywoods were modeled after the Hard Rock formula, so closely in fact that a lawsuit ensued and awarded the Hard Rock millions in damages. Earl recruited many former Hard Rock veterans to open new PH stores. Movie star "owners" received stock options at rock bottom price in exchange for their endorsement, thus they could be billed as legal owners.

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