Arnold Schwarzenegger Is Back as New 'Celebrity Apprentice' Host

The actor and former California governor was named as the new host to replace Donald Trump.
2:05 | 09/15/15

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Transcript for Arnold Schwarzenegger Is Back as New 'Celebrity Apprentice' Host
Arnold schwarzenegger will always be associated with one very famous movie line. We all know what it is, I don't need to say it. Today, though, we learn that Arnold is taking a new job with an equally famous but very different catch phrase. Brandi, you're fired. Reporter: Donald Trump's famous line will forever be links with "The apprentice." You're fired. You're fi D. You're fired. Reporter: There's a new boss getting in on the action. Arnold schwarzenegger. The movie star and former governor of California hired as the new host of NBC's "Celebrity apprentice." He is no stranger to that catch phrase. You're fired. Reporter: He said it in the movie "True lies" back in 1994. Schwarzenegger will be in charge of evaluating the famous faces as they compete to win money for a charity of their choice. The now-former politician taking over board room duties for the now-current politician, Donald Trump. You like that? Reporter: Who, of course, has set his sights on a different oval-shaped office. Make America great again! Reporter: Trump congratul congratulating schwarzenegger at his rally. Arnold schwarzenegger. Good, right? I think it's a good choice. He's a friend of mine. Reporter: He also apologized to his fans tweeting, sorry I couldn't do "The apprentice" any longer but equal time, presidential run, prohibits me from doing so. Love. Trump did take a step back from the show after he decided to run for president but NBC universal cut business ties with him after that infamous remark about mexican-americans. When Mexico sends its people they're not sending their best. Reporter: Schwarzenegger is excited to take on the new roll tweeting, wow, I'm blown away and honored by all your tweets. I can't wait to bring my experience to the board room and raise millions for clarity. The "Celebrity apprentice" reboot won't air until the 2016-17 season. So the world will have to wait until then to see if trump's classic line makes a comeback. You're fired. Reporter: Or if Arnold will give it a terminator twist of his own.

This transcript has been automatically generated and may not be 100% accurate.

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