This could work very well.
I've always been of the opinion that the original Howard stories and the Hyborian Age setting let themselves better to a TV series format of storytelling rather than to movies. A TV series would give more time to explore the fact that OG Conan was a cunning tactician, an observant guy and a hell of a lot more articulate than people used to the Schwarzenegger version would believe possible. And he wore armor and pants as often as not.
I had always assumed that the people holding the rights would never give up on trying to make it a film franchise, so the closest I expected to get was a Red Sonja show, but it seems that the age of Netflix and Amazon has changed that.
But please, no more burning his village and killing his parents. Howard's Conan doesn't need a life-long revenge quest for motivation, he just enjoys the lifestyle.
As I said, there was more to Howard's Conan than muscles. And if Game of Thrones has proved anything it is that you can have as many giant breasted women in scanty clothing as you wish as long as the show is good enough.
That's the nice thing about Sword & Sorcery, you can do it right on a significantly smaller budget than High Fantasy.