In January 2011, just weeks after leaving office in California, Schwarzenegger announced that he was reading several new scripts for future films, one of them being the World War II action drama With Wings as Eagles, written by Randall Wallace, based on a true story. On March 6, 2011, at the Arnold Seminar of the Arnold Classic, Schwarzenegger revealed that he was being considered for several films, including sequels to The Terminator and remakes of Predator and The Running Man, and that he was "packaging" a comic book character. The character was later revealed to be the Governator, star of the comic book and animated series of the same name. Schwarzenegger inspired the character and co-developed it with Stan Lee, who would have produced the series. Schwarzenegger would have voiced the Governator.

What's the name of the comic book character modeled on Schwarzenegger?