Stephen Colbert is writing a new "Lord of the Rings" movie for Peter Jackson, the late night host and the celebrated director confirmed on the official "Lord of the Rings" social channels. The movie will be titled "The Lord of the Rings: Shadow of the Past" and is based on chapters from the original novel and set within the framework of Jackson's original films.

Warner Bros. announced a new movie, The Lord of the Rings: Shadows of the Past, set in the universe created by J.R.R. Tolkien, is in development, with late-night host Stephen Colbert attached to write...