New 'Lord of the Rings' Movie in the Works From This Late Night Host

The Lord of the Rings franchise just cannot be stopped when it comes to the big screen.

Fans are probably aware that the great Andy Serkis is already working on a film titled Lord of the Rings: Hunt for Gollum. But that’s not all, folks…

On behalf of Warner Bros., Peter Jackson just announced on social media that yet another movie will be coming after Serkis’ highly anticipated installment. And it’s in development from perhaps the unlikeliest of celebrities.

Or maybe you won’t be too surprised to learn that Stephen Colbert is the one adapting said follow-up feature, alongside his son. Check out the epic reveal in Warner Bros.’ post on X below.

In honor of Tolkien Reading Day and the destruction of the One Ring, we bring you a special announcement. pic.twitter.com/ufh9RLBIxO

— Warner Bros. (@warnerbros) March 25, 2026

Tolkien penned his iconic trilogy back in the 1950s after the success of his 1937 book, The Hobbit, as Variety pointed out on Tuesday, March 24. Jackson, 64, adapted The Lord of the Rings into three films, released in 2001, 2002 and 2003. The films earned 17 Oscar wins, with 11 of those going to The Return of the King.

Jackson then adapted The Hobbit, splitting it into three parts — which came as a surprise to readers of the shorter book — and releasing them in 2012, 2013 and 2014.

So far, the cast for Serkis’ Hunt for Gollum includes Kate Winslet in an undisclosed role, Ian McKellen returning as Gandalf and Serkis, 61, reprising the role of Gollum, in addition to directing the film, per The Hollywood Reporter. Elijah Wood has also strongly hinted he will be back as Frodo.

The Hunt for Gollum, which takes place between The Hobbit and The Lord of the Rings trilogy, follows Aragorn and Gandalf’s quest to search for Gollum to learn more information about Bilbo’s ring, which turns out to be the one that threatens all of Middle Earth during the events of Lord of the Rings, THR also noted on Tuesday.