Arnold Schwarzenegger Created An Iron Contract For His Terminator 3 Return

Features of Slate 2005 details the insane deal that went on to return Schwarzenegger to that role, which included a 33-page final draft contract, a pay-or-play deal of nearly $30 million (meaning is that once signed, the studio will pay Schwarzenegger $29.25 a million whether they make the movie or not), and a perks package (a fully-equipped gym trailer, flights private, personal bodyguard, 24-hour limo service, etc) added another million and a half to keep Schwarzenegger happy.

Is Schwarzenegger worth it? Well, is there any “Terminator” movie without him? Not yet. This man was so attached to the image of “Terminator” that the producers had no choice but to pay him what he wanted. He has the most powerful weapon in this contract negotiation: leverage.

Warner Bros., Sony, and Toho-Towa, the Tokyo distributor, put together money for “Terminator 3” and their finances depended on only one thing: Arnold Schwarzenegger had to star. James Cameron, one of the most powerful filmmakers in the industry, is spendable for the financiers, but not the lead, and Schwarzenegger knows that if he doesn’t sign the movie he’ll die, he would cost the manufacturers millions of dollars in development.

So not only did he get one of the highest salaries on record, but he also got 20% of the movie’s gross, which means for every dollar in box office or DVD sales or deals. TV/streamer licensing “Terminator 3” done, 20 cents went directly to Schwarzenegger. This is also not the standard. Hollywood likes to use accounting tricks to make even the most successful movie lose money on paper, so most of the deals involved are made to pay off a “net” percentage. is that they only pay on the film’s profits, which any good agent will tell you is almost non-existent.

Who knows how much money Schwarzenegger ended up getting to return as the Terminator, but I hope he bought his agents and lawyers something nice to negotiate a good deal with. such crazy copper. Arnold Schwarzenegger Created An Iron Contract For His Terminator 3 Return

Fry Electronics Team

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