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WHAT WE KNOW:Edit
There were rumours in the late 1990s of another second Conan sequel, a story about an older Conan titled King Conan: Crown of Iron, but Schwarzenegger's election in 2003 as governor of California ended this project. Warner Bros. spent seven years trying to get the project off the ground, with development attempts made by The Wachowskis, John Milius, and Robert Rodriguez, who left the project for Grindhouse. Boaz Yakin was hired in 2006 to start again. However, in June 2007 the rights reverted to Paradox Entertainment, though all drafts made under Warner remained with them. Paradox's CEO, Fredrik Malmberg, told Variety "we have great respect for Warner Bros., but after seven years, we came to the point where we needed to see progress to production." Paradox were auctioning the rights after and various groups took interest in producing, including New Line Cinema, Hollywood Gang, and Millennium Films.
An aborted film project that would have seen Arnold Schwarzenegger return as the Cimmerian warrior, King Conan: Crown of Iron was to have seen John Milius (of the original Conan the Barbarian) return to script and direct. It would have had the elder Conan dealing with his grown son Kon.