Thesp, foundation to receive undisclosed amount
After more than a year of litigation, Miami-based tabloid the Globe has settled the $50 million lawsuit that Arnold Schwarzenegger had filed against the paper.
An undisclosed amount of money will go to the actor for damages stemming from the article that the Globe published in August 1998. The former owners of the tabloid have also agreed to contribute money to the Inner City Games Foundation, which Schwarzenegger chairs.
In that article — published more than 16 months after Schwarzenegger’s successful heart surgery and at a time when the actor was in excellent health — the Globe claimed, among other things, that the actor was in the midst of a “heart crisis” and was a “ticking time bomb.”
Admitting it made a mistake, the Globe apologized to Schwarzenegger and agreed to publish a prominently placed retraction, correction and apology in its next issue.
Schwarzenegger said: “I feel completely vindicated by the settlement, and am well satisfied with the amount that I received as part of the settlement and with the contribution that the Globe made to the Inner City Games Foundation.
“Most importantly, I am pleased that the Globe has finally acknowledged its mistake and is willing to set the record straight that I am in excellent health.”
Schwarzenegger stars in the thriller “End of Days.” His next film, “On the Sixth Day,” is lensing in Vancouver.