Home>News Center>Life
         
 

Schwarzenegger making millions as fitness editor
(Agencies)
Updated: 2005-07-15 15:54

Arnold Schwarzenegger may be forgoing a state salary as California governor but he is still pulling in millions of dollars a year as an editor of two bodybuilding magazines.


Arnold Schwarzenegger may be forgoing a state salary as California governor but he is still pulling in millions of dollars a year as an editor of two bodybuilding magazines. American Media Operations, which publishes 'Muscle and Fitness' and 'Flex' magazines, said on Wednesday it was paying the former Mr. Olympia $8.15 million over five years to serve as executive editor of those magazines. Schwarzenegger looks towards the audience during his appearing as a guest on 'The Tonight Show with Jay Leno' at the NBC studios in Burbank in this June 24, 2005 file photo. [Reuters]

American Media Operations, which publishes "Muscle & Fitness" and "Flex" magazines, said on Wednesday it was paying the former Mr. Olympia $8.15 million over five years to serve as executive editor of those magazines.

Schwarzenegger announced his role with the magazine last year but declined to detail payments. American Media disclosed their "consulting agreement" with the governor in Security and Exchange Commission filings.

"Having Arnold as executive editor of both magazines has enormous value and brings credibility to the publications," said American Media spokesman Stuart Zakim.

The firm, which bought Weider Publications formerly owned by Schwarzenegger's mentor Joe Weider in 2003, may be happy about the arrangement, but some analysts say earning millions on the side while serving as governor is troubling.

"I would say that if someone is getting $8.1 million from the fitness industry, even if it is a magazine, it potentially creates a conflict of interest," said Bruce Cain, a professor of political science at the University of California, Berkeley. "If is not in violation of California law, it certainly violates the spirit of our conflict of interest laws."

Schwarzenegger's office confirmed that $8.1 million figure, but said it did not constitute a conflict of interest. "My reply is so what, what's the harm?" communications director Rob Stutzman said in an interview.

"We've been clear ever since he's become governor that he still would have outside income," he said. "He reports that income under state law in a form filed on an annual basis."

A spokesman for California's political watchdog, the Fair Political Practices Commission, said income such as in the American Media deal was legal provided it was disclosed.

In the SEC filing, American Media said it would pay Schwarzenegger's firm Oak Productions one percent of its net print advertising revenues, with a minimum payment of $1 million a year. This is in addition to the $8.15 million over five years. Zakim, a senior vice president, said American Media is also contributing $250,000 a year over five years to the Governor's Council on Physical Fitness.

An American Media filing on Wednesday said Schwarzenegger was helping "the overall editorial direction of the specific Weider magazines and otherwise helping in various ways to further the business objectives of the Weider business."

The filing added: "For the avoidance of doubt, Mr. S shall not provide any consulting services to Weider pursuant to this agreement during normal business hours on business days." The "M. S" reference, the filing said, referred to Schwarzenegger.

Weider's magazines helped transform Schwarzenegger from an obscure Austrian into the world's best-known bodybuilder, and he has appeared on their covers dozens of times.

American Media also publishes tabloids such as the National Enquirer.



Tibetan girls
Brad Pitt diagnosed with viral meningitis
Diaz to testify in photos case
  Today's Top News     Top Life News
 

China protests Japan's move to drill in E.China Sea

 

   
 

China to launch manned spacecraft in Oct.

 

   
 

PLA on course to cut 200,000 personnel

 

   
 

US House rejects bill on China arms sales

 

   
 

China plans to build 10 more nuclear reactors

 

   
 

UK bomb probe focuses on chemist, Briton

 

   
  Schwarzenegger making millions as fitness editor
   
  Reality show in hunt for entrepreneurs
   
  Mistress rumors kill rich girl's Internet auction
   
  Alan Tam looks forward to his 30th anniversary
   
  A novel without a word telling a love story?
   
  Mainland celebrities' ID card photos exposed online
   
 
  Go to Another Section  
 
 
  Story Tools  
   
  Feature  
  1/3 Chinese youth condone premarital sex  
Advertisement
         
主站蜘蛛池模板: 周妍希美乳三点尽露四季图片| 91麻豆国产极品在线观看洋子| 韩国日本好看电影免费看| 欧美丰满大乳高跟鞋| 国产一级在线免费观看| 99久久99久久久精品久久 | 国产美女被遭强高潮免费网站| 久草资源在线观看| 精品久久久久亚洲| 国产精品亚洲аv无码播放| 中文字幕在线永久在线视频2020| 永久免费无码网站在线观看| 国产偷国产偷亚洲高清人| 99久无码中文字幕一本久道| 日本护士69xxxx免费| 人人爽人人澡人人高潮| 香蕉高清免费永久在线视频| 在线观看精品视频一区二区三区| 久久精品一区二区东京热| 特级精品毛片免费观看| 国产亚洲精久久久久久无码77777| 97在线公开视频| 好男人在线社区www我在线观看 | 国产韩国精品一区二区三区| 中文无线乱码二三四区| 狠狠色综合网站久久久久久久 | 交换朋友夫妇2| 男女爱爱视频网站| 国产在线一区二区三区av| 91麻豆精品激情在线观看最新| 最近在线中文字幕电影资源| 日韩精品武藤兰视频在线| 午夜激情视频在线| 国产三级小视频在线观看| 夜夜高潮夜夜爽夜夜爱爱一区| 七次郎在线视频观看精品| 日韩美视频网站| 亚洲一区二区日韩欧美gif| 狠狠躁天天躁无码中文字幕| 全免费a级毛片免费看| 青草青视频在线观看|