Conan the Barbarian director John Milius tells G4 that King Conan: Crown of Iron is not moving forward at this time:
Well, King Conan is pretty well on hold. Warner Brothers decided they’re going to do their own version of whatever they want to do with Conan. They’ve sort of put it in deep, deep freeze. I don’t know. You’ll have to talk to Warner Brothers and ask them what their wisdom is. They’ll probably do an animated, kid-friendly Conan.