"I always loved the Conan character and I’m honored to be asked to step into the role once again," says Arnold. "I can't wait to work with Universal and the great team of Fredrik Malmberg and Chris Morgan to develop the next step of this truly epic story."
Malmberg provides insight into the new movie, saying, "The original ended with Arnold on the throne as a seasoned warrior, and this is the take of the film we will make. It's that Nordic Viking mythic guy who has played the role of king, warrior, soldier and mercenary, and who has bedded more women than anyone, nearing the last cycle of his life. He knows he’ll be going to Valhalla, and wants to go out with a good battle."
Meanwhile, Morgan calls the new movie "Conan's Unforgiven," saying, "This movie picks up Conan where Arnold is now in his life, and we will be able to use the fact that he has aged in this story. I love the property of Conan so much that I wouldn't touch it unless we came up with something worthy. We think this is a worthy successor to the original film."
Arnold starred in a total of two Conan movies -- 1982's Conan the Barbarian and in 1984's Conan the Destroyer – and the character was picked up for a third big-screen outing in 2011 with Jason Momoa as the title character -- with less-than-stellar box-office results.
"I think I was kind of meant for playing Conan, you know?" Arnold told ET back in the early '80s. "I think that I felt very comfortable playing that character, playing that barbaric role, doing all the sword fighting, and it was a very physical film. This is the great thing about doing films. First of all, you learn new things -- sword-fighting or horseback riding and all those things -- and at the same time you play like a little child, you can play like cowboy and Indian type of things, you know, looking for the enemy and crushing them and knocking them down."