Panthro
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The weirdest thing about all of this is that the only franchise Arnold has tried to keep going is Terminator, and it makes the least amount of sense. A movie about an aging Harry Tasker (True Lies)? That could be really good! A movie where the government seeks out an old Dutch to help fight a new band of Predators? That could work too. A King Conan movie? Sign me up.
But a robot who gets older and raises Sarah Connor as a daughter? Seriously, WTF?
Probably because the Terminator is considered his signature role, the role originated his two big iconic catchphrases "I'll be Back" (which would then pop up in other films he did in the year "Hasta La Vista Baby!" People hear those lines or see the sunglasses, the leather jacket, and the bike and people think of him. Without the Terminator the 1982 Conan film may have been the high point of his film career and that may have been that for him.
So from a business stand point going back to the most iconic role seems like an obvious and easy way to get a guaranteed hit, depending on how much people still want to see him in the role.