Fired CBS Host Lands Shock New Hollywood Gig

QUEST AWAITS

The TV veteran is set to create the next chapter in one of the world’s biggest fantasy franchises.

Stephen Colbert has bagged a major Hollywood gig just weeks before CBS airs his final late-night episode.

The TV veteran will develop a new Lord of the Rings movie for Warner Bros. Studio, collaborating with his son and LOTR screenwriter Philippa Boyens.

Colbert and LOTR director Peter Jackson made the announcement in a joint video statement released by the studio. Jackson, 64, said a “very special partner” will develop the next film after The Hunt for Gollum, an upcoming addition to the series coming in 2027. Colbert, 61, patched into the call, telling Jackson, “You know what the books mean to me and what your films mean to me.”

Peter Jackson and Stephen Colbert
Peter Jackson, the director writer, and producer of the "Lord of the Rings" trilogy, and Stephen Colbert are collaborating. YouTube/Warner Bros.

The late-night host revealed that his film will be based on the chapters from The Fellowship of the Ring, J. R. R. Tolkien’s first book in the LOTR trilogy, which Jackson’s Fellowship film did not include. Colbert, a die-hard Tolkien fan, shared that this section runs from Chapter 3, ″Three Is Company," to Chapter 8, “Fog on the Barrow-Downs.”

“I thought, ‘Oh, wait, maybe that could be its own story that could fit into the larger story. Could we make something that was completely faithful to the books while also being completely faithful to the movies that you guys had already made?’” he said.

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Peter Jackson directed and produced the Lord of the Rings trilogy, starring Elijah Wood, and the Hobbit trilogy. Everett Collection

Colbert and his son, screenwriter Peter McGee, developed a “framing device” for the selected chapters. Two years later, Colbert said he finally struck up the “courage” to bring the film to Jackson. The late-night host said he “could not be happier” to announce that the executives at Warner Bros. Studio also “loved it.”

The film is tentatively titled The Lord of the Rings: Shadow of the Past.

The TV veteran is an avid superfan of The Lord of the Rings who can recite entire Tolkien passages from memory, making his upcoming film a natural next step. Jackson and Colbert have collaborated previously, with the latter appearing alongside his family in Jackson’s 2013 film The Hobbit: The Desolation of Smaug.

Stephen Colbert speaks with the cast of "The Lord of the Rings: The Rings of Power" during 2022 Comic-Con International: San Diego.
Stephen Colbert speaks with the cast of "The Lord of the Rings: The Rings of Power" during 2022 Comic-Con International: San Diego. Kevin Winter/Kevin Winter/Getty Images

The announcement is the first indication of what The Late Show host will pursue after CBS cancelled the beloved comedian’s show last summer.

“It turns out, I’m going to be free starting this summer!” Colbert quipped. “Isn’t that fortunate?” Jackson joked back.

Stephen Colbert on the CBS series The Late Show with Stephen Colbert, scheduled to air on the CBS Television Network.
Stephen Colbert has hosted "The Late Show" since September 2015. Scott Kowalchyk/CBS via Getty Images

CBS announced the show’s cancellation just days after Colbert blasted Paramount, the network’s parent company, for settling a $16 million lawsuit with President Donald Trump. The late-night host dubbed the settlement a “big fat bribe."

CBS executives said the cancellation is “purely a financial decision against a challenging backdrop in late night.”

Colbert took the reins of The Late Show in September 2015, succeeding longtime host David Letterman. His final episode will air on Thursday, May 21.

“So if you’ll excuse me, I’ve got to finish the television show, and I’ve got to write a movie script,” Colbert concluded in his announcement, addressing fans. “But I will see you all in the Shire.”

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