According to a report from Variety, John Milius, director of 1982's Conan the Barbarian, will write and direct a new installment of the film franchise that once starred Arnold Schwarzenegger during his younger and more buffed days. Warner Brothers acquired the rights to the character created by writer Robert E. Howard from Stan Lee Media.

Milius wrote the original film with Oliver stone, and currently they are still working out the story. There's also talk about having Schwarzenegger come back in the film in some capacity, but it is still unclear as to how prominent a role he would play.

And as if people have already heard enough of Dwayne "The Rock" Johnson, he was also asked in talks to appear in the movie. However, The Rock had to pass it after agreeing to star in The Scorpion King.

Larry and Andy Wachowski, best known as the creators of The Matrix, will co-create the new Conan concept with Milius. The brothers are also hoping that they could direct the second unit on the film too. Quite the interesting combo so far.