Schwarzenegger's New Gig: Editor of Muscle Mags Former Mr. Olympia returns to world of bodybuilding By John Johnson, Newser Staff Posted Mar 2, 2013 10:39 AM CST 6 comments Comments Arnold Schwarzenegger delivers in Vienna, Austria, in January. (AP Photo/Ronald Zak) (Newser) – Arnold Schwarzenegger's post-politics world is expanding from action films to magazines. The former Mr. Olympia will be the new executive editor of Muscle & Fitness and Flex, reports the Hollywood Reporter. True Arnold aficionados will recall that he took the same post in 2003 just after being elected governor, reports the LA Times. But he gave up the $1 million gig when it became public in 2005—because, as governor, he would be regulating the dietary supplement industry, which provides the magazines with much of their ad money.