Arnold Schwarzenegger is returning to the role that made him famous, playing Conan in a new film from Universal, according to Deadline.  The new film, The Legend of Conan, will take place in the same continuity as the 1982 John Milius film in which Schwarzenegger had his first starring role, ignoring both the 1984 sequel and the 2011 reboot starring Jason Momoa (see "'Conan' Bombs").  Conan, like Schwarzenegger, will be older. 

The film will be produced by Fredrik Malmberg, CEO of Conan property owner Paradox Entertainment, and Chris Morgan, who wrote and produced Wanted and the last four Fast and Furious films. 

Universal hopes to release the film in the summer of 2014.