Stephen Colbert's surprising next act after 'The Late Show' ends: Co-writing a 'Lord of the Rings' film

Late-night host Stephen Colbert revealed in a video announcement Tuesday that he will co-write the next "Lord of the Rings" movie after his program ends in May.

"You know what the books mean to me and what your films mean to me, but the thing I found myself reading over and over again were the six chapters early on in the 'Fellowship' that y’all never developed into the first movie back in the day," Colbert said in a video with Peter Jackson, the director of the hit "Lord of the Rings" movies.