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Arnie muscles in on £5m contract

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emad Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jul-15-05 10:16 AM
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Arnie muscles in on £5m contract
Dan Glaister
Friday July 15, 2005
The Guardian

California's governor, Arnold Schwarzenegger, is receiving at least $1m a year as a consultant for a bodybuilding magazine.

The former film star and Mr Universe signed a contract with a publisher of health and bodybuilding magazines two days before being sworn in as governor in November 2003.

As governor, he has vetoed new regulations on the health supplement industry.

Under the magazine agreement, in which Mr Schwarzenegger is referred to as "Mr S", he receives an annual income of 1% of the advertising income for two magazines, or $1m. Advertisements for health supplements make up 70% of the magazines' advertising.
http://www.guardian.co.uk/usa/story/0,12271,1529060,00.html
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