Arnold Schwarzenegger: Taking the gamble on twins | Trending Now

31 Oct 2025 · 5 min · 1 chapter

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In short

Arnold Schwarzenegger explains why he took no salary for Twins, how he avoided being typecast as an action star, and the profit-sharing deal’s impact.

Guest backgrounds

No guests are interviewed; the episode is a trending clip featuring Arnold Schwarzenegger, with mentions of Ivan Reitman (Ghostbusters director) and Robin Williams (dinner conversation).

Key claims

Studios offered him more action roles because his films made huge money; he wanted to invest in himself by declining salary and having the studio only fund production. Reitman proposed comedy ideas after dinner in Aspen/Snowmass; Twins was selected from five concepts.

Notable examples

Reitman, Danny DeVito, and Schwarzenegger all waived salaries; budget $16.5M; worldwide gross about $260–$270M; studio executives later complained the deal was “historic” and “never” repeated.

Written by AI. May contain mistakes. Listen to the episode to check what was said.

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Arnold's Risky Decision for 'Twins'

0:43 to 4:32

Arnold discusses the decision to take no salary for the film 'Twins' and its implications.

“With the movie Twins, and obviously this turned out to be an amazing decision, but what led you at the time to deciding to take no salary?”
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Transcript

Automatic transcript. May contain errors.

0:00They say you can tell a lot about a person by the contents of their freezer. So what does a bottle of Jägermeister say? It says you have standards. You don't cut corners. And you like your Jägermeister shots the way they're meant to be enjoyed. Ice cold. As for the frozen taquitos and mystery leftovers, we'll keep that between us. Drink it cold or don't drink it at all. Jägermeister. Damn, that's cold. Drink responsibly. Jägermeister liqueur 35 % alcohol by volume. Imported by Masked Jägermeister, U.S. White Plains, New York. Hey everybody, it's Graham and it's Friday, which means today we get to bring you another trending clip.

0:38The clip you're about to hear is trending on our Instagram right now. Hope you enjoy. This week, Arnold Schwarzenegger.

0:48With the movie Twins, and obviously this turned out to be an amazing decision, but what led you at the time to deciding to take no salary? Well, you have to understand, I was so convinced that I would be great in a comedy. But I also understood the dilemma that the studios were in. Because the studios saw me every time I did a movie, the movies make huge money. So it was natural to offer me another action movie to play safe. Let's get another action movie for Schwarzenegger. The last one did great. Let's take him this time to the jungle. Let's take him to Russia. Let's take him there and let's take him there.

1:33It was like, you know, so it was all working fantastic. Let's have him be a machine. So it was like, whatever it was, let's be an action movie, and it would do well. And you were hypersensitive about being typecast. Well, I wasn't hypersensitive. I was just, I said to myself, I understand that this is what the audience wants me to do. me to go out and to kick ass and to be the guy that is, you know, wiping out evil and all the bad people and all this stuff and that I protect everyone else and I'm the good guy and all this kind of stuff. So I understood that. So I felt like that the only way that we maybe can go beyond that and make a studio for it all comfortable is by me just saying, hey, you don't have to be the only one that is investing in me, I invest in myself too.

2:26Don't give me any money. Nothing. Just pay for the production and does it, you know. And so that's what I basically said to Ivan Reitman. And when Ivan Reitman and I had dinner in Aspen and Snowmass with Robin Williams, and that's where actually Ivan Reitman, the director of Ghostbusters, said, you are funny and there's so many things about you that I've never seen in a movie. He says, I would like to see that in a movie. And I said, Ivan, why don't you go and come up with a project for us? I said, you've just done Ghostbusters. I said, I would love to be directed by you in a comedy. I said, but no one wants to do a comedy with me because I'm the action star.

3:13And he says, okay, let me come up with something. And he said, he came up with five ideas, and we picked out of these five ideas the idea of the experiment, which then was changed to twins. And so I understood that the studio shouldn't be the one responsible for taking the risk. So we were able to then make the deal very easily because Danny DeVita decided not to take a salary, Ivan Reitman decided not to take a salary, and I decided not to take one, but that we take a big chunk of the back end. And of course, that was the best investment we've ever made. Every one of us says that because the studio never ever, it became such a historic deal that the studio would never ever make that deal again.

4:01Really? No matter who it is. No, absolutely not. Because they just... We each got a percentage of the profits. Well, we got the bigger chunk. And that does not float well with the studio, let me tell you. As a matter of fact, I remember that whoever the studio executive was then, after the movie came out and after we made all the money, he says, you know what you guys did to me? And he turned around and he pulled out his pockets and he says, you know, you robbed me blind and you f***ed me. And he bent over like that. So that's exactly it. So, you know, it was, like I said, a historic deal. but for 16 and a half million dollars that's what the budget was of the movie because we do no salary otherwise it would have been 50 million dollars you know because Ivan was getting a huge salary Danny was getting a huge salary at that point so we just you know it didn't take any because there was a very low budget for this kind of a movie and it made I think worldwide 260 270 million dollars So it was a huge, huge winner.

5:11And that's this week's fan favorite. To see more popular videos, go to our YouTube channel at youtube.com slash Graham Bensinger.

From the publisher

Arnold Schwarzenegger recounts when he bet on himself and starred in the comedy “Twins” without taking a salary, to shed his typecast as an action star.

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