In the early 1990's actors Bruce Willis, Arnold Schwarzenegger, and Sylvester Stallone invested a half-million dollars each as part of a $15 million restaurant/diner/movie-memorabilia museum. What is the name of this new restaurant, and in which city did

In the early 1990s, the entertainment world saw a unique collaboration between some of Hollywood's biggest action stars: Bruce Willis, Arnold Schwarzenegger, and Sylvester Stallone. These actors, each a titan of the box office, joined forces to establish a new venture in the restaurant industry. This establishment, which opened its doors in New York City in late 1991, was named Planet Hollywood.

The concept behind Planet Hollywood was to create a themed dining experience much like the popular Hard Rock Cafe, but instead of music memorabilia, it showcased a vast collection of props and artifacts from iconic films and television shows. The initial investment saw each of the mentioned actors contributing a significant amount, part of a larger $15 million funding for the ambitious project. Their involvement extended beyond just financial backing; they became prominent promoters and endorsers, often appearing at grand openings and lending their star power to the brand.

This celebrity-backed restaurant quickly became a cultural phenomenon, tapping into the public's fascination with Hollywood glamour. Beyond the initial trio, other famous faces like Demi Moore and Whoopi Goldberg also became investors and promoters, further solidifying the restaurant's star-studded appeal. Planet Hollywood aimed to offer patrons an immersive experience, allowing them to dine surrounded by the magic of the movies, making it a must-visit destination for fans and tourists alike.