Arnold Schwarzenegger has to 'pay $1' to Warner Bros every year for bizarre reason
Arnold Schwarzenegger reportedly has a very specific agreement with the studio
Arnold Schwarzenegger reportedly has to pay $1 to Warner Bros. every year for a rather interesting reason.
Anyone who watched the Oscars earlier this year may recall Arnie taking to the stage with Danny DeVito.
The pair, who both previously played Batman villains, then poked fun at former Batman Michael Keaton in the audience in a hilarious skit.
And it's his role as Mr Freeze in 1997's Batman & Robin which is connected to why Schwarzenegger apparently makes a payment to Warner Bros. every year.
It's a long tradition for actors to sometimes keep the props from big projects they've been involved in as a memento.
For example, Ian McKellen previously revealed to Time magazine that he has Gandalf's sword Glamdring in his hatstand at home.
And the Lord of the Rings star is far from the only actor to do, as it seems Schwarzenegger also has memorabilia from his movies, including his Mr Freeze costume.
So, why is this connected to his $1 payment?
Arnold Schwarzenegger reportedly pays Warner Bros. $1 a year (Westend61/Getty Images)
The payment is an example of a 'peppercorn' - a small symbolic payment which is sometimes used to confirm a legal contract.
In this case the payment is for Schwarzenegger to have the costume from his appearance in Batman & Robin on long term lease.
By giving the studio $1 a year the actor reportedly gets to keep it long-term while symbolically acknowledging the studio's continued ownership of it.
That means that when Schwarzenegger passes the costume will likely go back to Warner Bros. and not form part of his estate.
The actor as Mr Freeze in Batman & Robin (Warner Bros.)
Film producer Peter Macgregor-Scott told The Hollywood Reporter that the decision to grant him the long term lease 'went all the way to the top of the studio'.
He said: "Storage after a movie like Batman Forever becomes a real element. A lot of the sets get folded and held so they are available for the next picture if need be. We didn’t keep the cave, because the cave is so unwieldy.
"You had to make the cave each time. All the unused bat costumes. All the wardrobe saved. The actors would like to walk off with pieces, and we have to be very careful that that happens to an absolute minimum."
Arnold Schwarzenegger reportedly has a very specific agreement with the studio
Arnold Schwarzenegger reportedly has to pay $1 to Warner Bros. every year for a rather interesting reason.
Anyone who watched the Oscars earlier this year may recall Arnie taking to the stage with Danny DeVito.
The pair, who both previously played Batman villains, then poked fun at former Batman Michael Keaton in the audience in a hilarious skit.
And it's his role as Mr Freeze in 1997's Batman & Robin which is connected to why Schwarzenegger apparently makes a payment to Warner Bros. every year.
It's a long tradition for actors to sometimes keep the props from big projects they've been involved in as a memento.
For example, Ian McKellen previously revealed to Time magazine that he has Gandalf's sword Glamdring in his hatstand at home.
And the Lord of the Rings star is far from the only actor to do, as it seems Schwarzenegger also has memorabilia from his movies, including his Mr Freeze costume.
So, why is this connected to his $1 payment?
Arnold Schwarzenegger reportedly pays Warner Bros. $1 a year (Westend61/Getty Images)The payment is an example of a 'peppercorn' - a small symbolic payment which is sometimes used to confirm a legal contract.
In this case the payment is for Schwarzenegger to have the costume from his appearance in Batman & Robin on long term lease.
By giving the studio $1 a year the actor reportedly gets to keep it long-term while symbolically acknowledging the studio's continued ownership of it.
That means that when Schwarzenegger passes the costume will likely go back to Warner Bros. and not form part of his estate.
The actor as Mr Freeze in Batman & Robin (Warner Bros.)Film producer Peter Macgregor-Scott told The Hollywood Reporter that the decision to grant him the long term lease 'went all the way to the top of the studio'.
He said: "Storage after a movie like Batman Forever becomes a real element. A lot of the sets get folded and held so they are available for the next picture if need be. We didn’t keep the cave, because the cave is so unwieldy.
"You had to make the cave each time. All the unused bat costumes. All the wardrobe saved. The actors would like to walk off with pieces, and we have to be very careful that that happens to an absolute minimum."
Schwarzenegger wanted to keep his costume as a memento (Jeff Kravitz/FilmMagic)
Macgregor-Scott continued: "Arnold Schwarzenegger wanted a costume of Mr. Freeze. It went all the way up to the top of the studio. He had to sign a contract, and I think he pays $1 per year to borrow the costume.
"The lights in those costumes last 9,000 hours. He doesn’t have them on all day long, but he does turn them on quite frequently."
To be fair, it's not like Arnie needs the money.
UNILAD has contacted representatives for Arnold Schwarzenegger and Warner Bros. for comment.Featured Image Credit: Getty Images/Todd Williamson/Warner Bros.
Topics: Arnold Schwarzenegger, Celebrity, Film and TV, Money, Warner Bros
Arnold Schwarzenegger reveals the movies that made him a billionaire
Arnold Schwarzenegger reveals the movies that made him a billionaire
Arnold Schwarzenegger's many successes in the movie industry have helped him to finally achieve billionaire status
Arnold Schwarzenegger has been comfortably one of the biggest stars on TV over the last few decades, and his Hollywood success has translated to riches.
Arnold Schwarzenegger likely had quite a few naysayers when he shifted over to acting from bodybuilding, but boy has it paid off.
It would be more than fair to say he is one of the most recognizable people in Hollywood and when it came to cinema, he was certainly able to get butts in seats.
Initially Schwarzenegger struggled to get roles due to his thick Austrian accent, but when he broke into the scene he became a very safe pair of hands when creating a profitable hit.
Over his career he has churned out around 50 films, which have made a total $5.5 billion at the box office.
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Arnold Schwarzenegger is one of Hollywood's biggest stars. (Photo by Ivan Apfel/Getty Images)
This has translated to his own personal wealth due to his ability to take risks and strike up good deals. According to Forbes’ estimates, the 76-year-old is now worth $1 billion.
Speaking in 2016, the Terminator star said that studio executives were hesitant to make his first comedy Twins, which starred the always brilliant Danny Devito.
Instead of taking a salary, he opted to pocket nearly 20 percent of gross receipts instead.
The film became a big hit and he ended up getting $35 million, much more than he would have got on a salary for the flick. This proved to be such a good deal for him the studio would never make it again.
This would certainly become a trend as Schwarzenegger has over 13 films where the film box office earnings would be over $200 million.
Taking the top spot is 1991’s Terminator 2: Judgement Day bringing in $520,881,154.
The second was 2015’S Terminator Genisys which brought in $440,603,537.
Coming in third was another film from the franchise, 2003’s Terminator 3: Rise of the Machines which had a box office yield of $433,371,112.
According to Forbes’ estimates, the 76-year-old is now worth $1 billion. (Metro-Goldwyn-Mayer Studios)
1994’s True Lies also proved to be successful bringing in $378.882,411.
And in fifth place is The Expendables 2, which brought in $314,975,955.
But beyond his success at the movies, the star has said his financial success is very much down to his healthy appetite for risk.
Writing in his book Total Recall, he said: “Conservative bets – the kind that would generate 4 percent a year, say – didn’t interest me.
“I wanted big investments that were interesting, creative and different.”
So the bodybuilder-turned-movie star, turned Governor has certainly taken a few risks and has pretty much come out on top making millions over the years.Featured Image Credit: Jeff Kravitz/FilmMagic/Getty Images/Warner Bros.
Topics: Arnold Schwarzenegger, Film and TV, Money
Arnold Schwarzenegger gives out toys to children in need for Christmas
Arnold Schwarzenegger gives out toys to children in need for Christmas
Arnold Schwarzenegger has explained why he thinks it is important to give presents to children during the Christmas period.
Gerrard Kaonga
Arnold Schwarzeneggar has shown he has a heart of gold with a sweet gesture for children in the run up to Christmas.
While Arnold Schwarzeneggar certainly used to scare millions with his Terminator character, a new generation of children are seeing a sweeter side to the actor and former politician.
On his social media channels, Schwarzeneggar shared a video of himself at 42nd annual Miracle On First Street event at the Hollenbeck Youth Center in Los Angeles.
Here he gifted children in need a bunch of presents and chatted with parents and staff while posing for pictures.
Speaking about why he does this every year, he explained he wanted to repay the generosity he had received when he arrived in the country.
“When I came to this country my friends from Gold's Gym had a huge Christmas for me and invited me to their house. It was fantastic. They gave me Christmas gifts and they had this beautiful Christmas tree, and I felt so included here in America even though I was a foreigner and just came to this country,' he recalled while at the youth centre.”
Social media users praised Schwarzeneggar for his generosity and called on other users to think about how they can help out others during the holiday period.
Macgregor-Scott continued: "Arnold Schwarzenegger wanted a costume of Mr. Freeze. It went all the way up to the top of the studio. He had to sign a contract, and I think he pays $1 per year to borrow the costume.
"The lights in those costumes last 9,000 hours. He doesn’t have them on all day long, but he does turn them on quite frequently."
To be fair, it's not like Arnie needs the money.
UNILAD has contacted representatives for Arnold Schwarzenegger and Warner Bros. for comment.Featured Image Credit: Getty Images/Todd Williamson/Warner Bros.
Topics: Arnold Schwarzenegger, Celebrity, Film and TV, Money, Warner Bros
Arnold Schwarzenegger reveals the movies that made him a billionaire
Arnold Schwarzenegger reveals the movies that made him a billionaire
Arnold Schwarzenegger's many successes in the movie industry have helped him to finally achieve billionaire status
Arnold Schwarzenegger has been comfortably one of the biggest stars on TV over the last few decades, and his Hollywood success has translated to riches.
Arnold Schwarzenegger likely had quite a few naysayers when he shifted over to acting from bodybuilding, but boy has it paid off.
It would be more than fair to say he is one of the most recognizable people in Hollywood and when it came to cinema, he was certainly able to get butts in seats.
Initially Schwarzenegger struggled to get roles due to his thick Austrian accent, but when he broke into the scene he became a very safe pair of hands when creating a profitable hit.
Over his career he has churned out around 50 films, which have made a total $5.5 billion at the box office.
Arnold Schwarzenegger is one of Hollywood's biggest stars. (Photo by Ivan Apfel/Getty Images)This has translated to his own personal wealth due to his ability to take risks and strike up good deals. According to Forbes’ estimates, the 76-year-old is now worth $1 billion.
Speaking in 2016, the Terminator star said that studio executives were hesitant to make his first comedy Twins, which starred the always brilliant Danny Devito.
Instead of taking a salary, he opted to pocket nearly 20 percent of gross receipts instead.
The film became a big hit and he ended up getting $35 million, much more than he would have got on a salary for the flick. This proved to be such a good deal for him the studio would never make it again.
This would certainly become a trend as Schwarzenegger has over 13 films where the film box office earnings would be over $200 million.
Taking the top spot is 1991’s Terminator 2: Judgement Day bringing in $520,881,154.
The second was 2015’S Terminator Genisys which brought in $440,603,537.
Coming in third was another film from the franchise, 2003’s Terminator 3: Rise of the Machines which had a box office yield of $433,371,112.
According to Forbes’ estimates, the 76-year-old is now worth $1 billion. (Metro-Goldwyn-Mayer Studios)1994’s True Lies also proved to be successful bringing in $378.882,411.
And in fifth place is The Expendables 2, which brought in $314,975,955.
But beyond his success at the movies, the star has said his financial success is very much down to his healthy appetite for risk.
Writing in his book Total Recall, he said: “Conservative bets – the kind that would generate 4 percent a year, say – didn’t interest me.
“I wanted big investments that were interesting, creative and different.”
So the bodybuilder-turned-movie star, turned Governor has certainly taken a few risks and has pretty much come out on top making millions over the years.Featured Image Credit: Jeff Kravitz/FilmMagic/Getty Images/Warner Bros.
Topics: Arnold Schwarzenegger, Film and TV, Money
Arnold Schwarzenegger gives out toys to children in need for Christmas
Arnold Schwarzenegger gives out toys to children in need for Christmas
Arnold Schwarzenegger has explained why he thinks it is important to give presents to children during the Christmas period.
Gerrard Kaonga
Arnold Schwarzeneggar has shown he has a heart of gold with a sweet gesture for children in the run up to Christmas.
While Arnold Schwarzeneggar certainly used to scare millions with his Terminator character, a new generation of children are seeing a sweeter side to the actor and former politician.
On his social media channels, Schwarzeneggar shared a video of himself at 42nd annual Miracle On First Street event at the Hollenbeck Youth Center in Los Angeles.
Here he gifted children in need a bunch of presents and chatted with parents and staff while posing for pictures.
Speaking about why he does this every year, he explained he wanted to repay the generosity he had received when he arrived in the country.
“When I came to this country my friends from Gold's Gym had a huge Christmas for me and invited me to their house. It was fantastic. They gave me Christmas gifts and they had this beautiful Christmas tree, and I felt so included here in America even though I was a foreigner and just came to this country,' he recalled while at the youth centre.”
Social media users praised Schwarzeneggar for his generosity and called on other users to think about how they can help out others during the holiday period.
Arnold Schwarzenegger/X
“I had the honor of being hired as a photographer for one of your events at the Orange County High Schools for the Arts. You were kind to everyone who wanted a moment with you. You’re an inspiration & a wonderful person. Thanks for what you do, I will give back as I’m able,” one user wrote.
“What an amazing American the governor is be like Arnold folks. Be proud of where you come from, be proud to be an American. And give back, embrace your fellow man,” another wrote.
Arnold Schwarzenegger/X
“You’re such an inspiration! I loved your book so much, I’m giving copies of it to my adult children for Christmas. Your gratitude, honesty, and humility are admirable. God bless you and merry Christmas,” praised another.
“A very Merry Christmas to you too Arnold Schwarzenegger. And we'll continue to keep giving back in 2024 too,” praised another.
“Your the man Arnold! Thank you for giving back to California youth! They absolutely need it,” simply put another.
The gesture has certainly brought out a lot of people’s Christmas spirit.
No matter how small - if you are able to - do consider helping someone out this holiday season.Featured Image Credit: Instagram / schwarzenegger
Topics: Arnold Schwarzenegger, Christmas, Charity, Celebrity, Film and TV
Danny DeVito says Arnold Schwarzenegger should have done Twins 2 instead of becoming Governor
But the actor has revealed that the two are now working on something special together.
Stewart Perrie
The world is a less colorful place considering we could have had a Twins sequel.
The original was a smash hit and saw Danny DeVito team up with Arnold Schwarzenegger where they played twins Julius and Vincent Benedict who were split up at birth.
Julius eventually discovers he has a twin brother and sets course for Los Angeles to find his brother.
They couldn't be more different as a result of their upbringing (as well as the science experiment that saw them conceived) and they form an unlikely friendship.
The film was released in 1988 and brought in more than $200 million at the box office on a budget of just $18 million.
Universal Pictures
Naturally, everyone was calling for a sequel so that DeVito and Schwarzenegger could get up to their zany antics once again.
But sadly, it was never meant to be.
In an interview with GQ, Danny lamented not being able to get together with Arnie to make movie magic.
"We missed Twins 2, because he became governor—which, he should have done Twins 2 instead of becoming governor," DeVito said.
"Now we have a little thing going, a little project that we've been chatting about."
When asked whether this new project was related to a Twins sequel, he said: "No, it's just two friends, two guys, because we have a good time together.
"We complement each other in a lot of ways. I am way stronger than he is."
Bruce Glikas/WireImage
Funnily enough, we were promised a sequel back in 2021 and it was going to involve Tracy Morgan.
DeVito and Schwarzenegger were going to reprise their roles of Vincent and Julius and Morgan was going to be their long-lost triplet brother.
Eddie Murphy was originally attached to the sequel. The director of the 1988 film, Ivan Reitman, was also on board with the idea.
However, he sadly died last year, which ended up halting the project.
Schwarzenegger told The Hollywood Reporter that Reitman's son, Jason, blocked any progression of the sequel.
"Jason Reitman f**ked it up!" he said.
"Jason Reitman literally stopped the project when his father died."
"His father wanted to do it really badly. I wanted to do it really badly. Danny DeVito wanted to do it really badly.
"We had the financing. When his father passed away, Jason says, 'I never liked the idea' and put a hold on it."Featured Image Credit: Universal Pictures
Topics: Arnold Schwarzenegger, Film and TV
Updated 07:37 18 Sep 2023 GMT+1Published 07:29 18 Sep 2023 GMT+1
Arnold Schwarzenegger says he ‘owes everything to America’ while celebrating 40 years of citizenship
Arnold Schwarzenegger posted a collection of throwback pictures to celebrate 40 years of U.S. citizenship.
Gregory Robinson
Arnold Schwarzenegger has shared a collection of throwback pictures to celebrate 40 years of U.S. citizenship.
The actor and former governor of California marked the momentous milestone by sharing a heart-felt Instagram post, where he mentioned his roots in Austria and the moment he became an American citizen in 1983.
“On this day 40 years ago, I became an American citizen. It is one of the proudest days of my life. I owe everything to America. Born in Austria, made in America!” he wrote on Instagram.
@Schwarzenegger/Instagram
The 76-year-old shared photos documented his life before and after he came to America, including pictures of him taking the oath of U.S. citizenship in 1983, wearing a shirt with the American flag on it and an Uncle Sam hat while holding two American flag and striking a pose in front of the Hollywood sign.
The Instagram post also has audio from the speech Schwarzenegger delivered at the Republican National Convention in New York City in 2004.
“My fellow Americans, this an amazing moment for me. To think a once-scrawny boy from Austria could grow up to become governor of the state of California, that is an immigrant’s dream,” the Terminator star can be heard saying in the clip.
He added: “In school when the teacher would talk about America, I would daydream about coming here. I would daydream about living here.”
“I had the honor of being hired as a photographer for one of your events at the Orange County High Schools for the Arts. You were kind to everyone who wanted a moment with you. You’re an inspiration & a wonderful person. Thanks for what you do, I will give back as I’m able,” one user wrote.
“What an amazing American the governor is be like Arnold folks. Be proud of where you come from, be proud to be an American. And give back, embrace your fellow man,” another wrote.
Arnold Schwarzenegger/X“You’re such an inspiration! I loved your book so much, I’m giving copies of it to my adult children for Christmas. Your gratitude, honesty, and humility are admirable. God bless you and merry Christmas,” praised another.
“A very Merry Christmas to you too Arnold Schwarzenegger. And we'll continue to keep giving back in 2024 too,” praised another.
“Your the man Arnold! Thank you for giving back to California youth! They absolutely need it,” simply put another.
The gesture has certainly brought out a lot of people’s Christmas spirit.
No matter how small - if you are able to - do consider helping someone out this holiday season.Featured Image Credit: Instagram / schwarzenegger
Topics: Arnold Schwarzenegger, Christmas, Charity, Celebrity, Film and TV
Danny DeVito says Arnold Schwarzenegger should have done Twins 2 instead of becoming Governor
But the actor has revealed that the two are now working on something special together.
Stewart Perrie
The world is a less colorful place considering we could have had a Twins sequel.
The original was a smash hit and saw Danny DeVito team up with Arnold Schwarzenegger where they played twins Julius and Vincent Benedict who were split up at birth.
Julius eventually discovers he has a twin brother and sets course for Los Angeles to find his brother.
They couldn't be more different as a result of their upbringing (as well as the science experiment that saw them conceived) and they form an unlikely friendship.
The film was released in 1988 and brought in more than $200 million at the box office on a budget of just $18 million.
Universal PicturesNaturally, everyone was calling for a sequel so that DeVito and Schwarzenegger could get up to their zany antics once again.
But sadly, it was never meant to be.
In an interview with GQ, Danny lamented not being able to get together with Arnie to make movie magic.
"We missed Twins 2, because he became governor—which, he should have done Twins 2 instead of becoming governor," DeVito said.
"Now we have a little thing going, a little project that we've been chatting about."
When asked whether this new project was related to a Twins sequel, he said: "No, it's just two friends, two guys, because we have a good time together.
"We complement each other in a lot of ways. I am way stronger than he is."
Bruce Glikas/WireImageFunnily enough, we were promised a sequel back in 2021 and it was going to involve Tracy Morgan.
DeVito and Schwarzenegger were going to reprise their roles of Vincent and Julius and Morgan was going to be their long-lost triplet brother.
Eddie Murphy was originally attached to the sequel. The director of the 1988 film, Ivan Reitman, was also on board with the idea.
However, he sadly died last year, which ended up halting the project.
Schwarzenegger told The Hollywood Reporter that Reitman's son, Jason, blocked any progression of the sequel.
"Jason Reitman f**ked it up!" he said.
"Jason Reitman literally stopped the project when his father died."
"His father wanted to do it really badly. I wanted to do it really badly. Danny DeVito wanted to do it really badly.
"We had the financing. When his father passed away, Jason says, 'I never liked the idea' and put a hold on it."Featured Image Credit: Universal Pictures
Topics: Arnold Schwarzenegger, Film and TV
Updated 07:37 18 Sep 2023 GMT+1Published 07:29 18 Sep 2023 GMT+1
Arnold Schwarzenegger says he ‘owes everything to America’ while celebrating 40 years of citizenship
Arnold Schwarzenegger posted a collection of throwback pictures to celebrate 40 years of U.S. citizenship.
Gregory Robinson
Arnold Schwarzenegger has shared a collection of throwback pictures to celebrate 40 years of U.S. citizenship.
The actor and former governor of California marked the momentous milestone by sharing a heart-felt Instagram post, where he mentioned his roots in Austria and the moment he became an American citizen in 1983.
“On this day 40 years ago, I became an American citizen. It is one of the proudest days of my life. I owe everything to America. Born in Austria, made in America!” he wrote on Instagram.
@Schwarzenegger/InstagramThe 76-year-old shared photos documented his life before and after he came to America, including pictures of him taking the oath of U.S. citizenship in 1983, wearing a shirt with the American flag on it and an Uncle Sam hat while holding two American flag and striking a pose in front of the Hollywood sign.
The Instagram post also has audio from the speech Schwarzenegger delivered at the Republican National Convention in New York City in 2004.
“My fellow Americans, this an amazing moment for me. To think a once-scrawny boy from Austria could grow up to become governor of the state of California, that is an immigrant’s dream,” the Terminator star can be heard saying in the clip.
He added: “In school when the teacher would talk about America, I would daydream about coming here. I would daydream about living here.”
Steve Granitz/FilmMagic/Getty
The seven-time Mr. Olympia bodybuilding champion continued: “As long as I live, I will never forget the day when I raised my hand for the oath of citizenship. You know how proud I was? I was so proud that I walked around with the American flag wrapped around my shoulder all day long.
“I finally arrived here in 1968. What a special day it was. I remembered I arrived here with empty pockets but full of dreams, full of determination and full of desire,” the star said. “Everything about America seemed so big to me, so open, so possible.
“To my fellow immigrants listening tonight, I want you to know how welcomed you are. We encourage your dreams. We believe in your future.”
The Total Recall star was married to broadcast journalist Maria Shriver for 25 years before they divorced in 2021. Together they have four children: daughters Katherine, 33, and Christina, 31, and sons Patrick, 29, and Christopher, 25. Schwarzenegger is also father to Joseph Baena, his son with his former nanny, Mildred Patricia Baena.
The seven-time Mr. Olympia bodybuilding champion continued: “As long as I live, I will never forget the day when I raised my hand for the oath of citizenship. You know how proud I was? I was so proud that I walked around with the American flag wrapped around my shoulder all day long.
“I finally arrived here in 1968. What a special day it was. I remembered I arrived here with empty pockets but full of dreams, full of determination and full of desire,” the star said. “Everything about America seemed so big to me, so open, so possible.
“To my fellow immigrants listening tonight, I want you to know how welcomed you are. We encourage your dreams. We believe in your future.”
The Total Recall star was married to broadcast journalist Maria Shriver for 25 years before they divorced in 2021. Together they have four children: daughters Katherine, 33, and Christina, 31, and sons Patrick, 29, and Christopher, 25. Schwarzenegger is also father to Joseph Baena, his son with his former nanny, Mildred Patricia Baena.
