Named because of the intersection of Hollywood Boulevard and Vine Street, Hollywood and Vine became famous for being in the centre of the thriving movie and radio business in the 1920s - or the "Golden Age of Hollywood".
The following is from Wikipedia:
The historical marker plaque placed at the site by The Broadway-Hollywood Department Store and the Board of Supervisors of the County of Los Angeles[1] reads:
"Hollywood was given name by pioneers Mr. and Mrs. Horace H. Wilcox. They subdivided their ranch in 1887 and called two dirt cross-roads Prospect Avenue and Weyse Avenue. Prospect Avenue, the main artery, was renamed Hollywood Boulevard and Weyse Avenue became Vine Street. This was the origin of "Hollywood and Vine."
The streets were renamed in 1910, when the town of Hollywood was annexed by the City of Los Angeles.
Beginning in the 1920s, during the Golden Age of Hollywood, the area began to see an influx of money and influence as movie and music businesses began to move in, turning the local farms and orchards into movie backlots. Hollywood and Vine was the second busiest intersection in the area, after Wilshire Boulevard and Western Avenue.[2]
In the 1930s radio programs such as KFWB and the CBS Lux Radio Theater spoke of "broadcasting live from Hollywood and Vine," and newspaper columnists Hedda Hopper and Jimmie Fidler regularly touted the intersection's mystique.[2]
In 1958, the intersection became the central point of the newly-installed Hollywood Walk of Fame. Neil Armstrong, Buzz Aldrin and Michael Collins, the astronauts of the first lunar landing mission Apollo 11, were awarded television stars for coverage of the mission, and given the places of honor at the exact corners of Hollywood and Vine.
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