Schwarzenegger to star in 'Conan', 'True Lies' sequels

True to his word, Arnold Schwarzenegger is back. Three weeks after he discharged the William Morris Agency, the actor has signed with CAA for representation in all areas.

Schwarzenegger is being paid a whopping $30 million to reprise his role in the “Terminator” franchise in Intermedia’s upcoming “Terminator 3: Rise of the Machines” for helmer Jonathan Mostow.

At Warner Bros. Pictures, he is aligned to star in “Conan the Barbarian” and to produce “I Am Legend.”

In the works at 20th Century Fox is a sequel to “True Lies,” which would reteam him with helmer James Cameron.

Schwarzenegger’s most recent effort, “Collateral Damage,” which was delayed by Warner Bros. to distance its violent theme from Sept. 11, eked out $81 million. His 1999 pic “End of Days” grossed $209 million worldwide.

Before signing with WMA, where he had spent the last five years, Schwarzenegger spent 15 years at ICM with rep Lou Pitt. The iconic agent took him from an unknown bodybuilder to an action hero who commands one of the highest salaries in Hollywood.

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