Stephen Colbert Announces Post-'Late Show' Dream Gig: 'I Could Not Be Happier'

The project revolves around Colbert's single-most cherished series of books.

“Late Show” host Stephen Colbert on Wednesday confirmed that dreams can indeed come true, revealing alongside “Lord of the Rings” director Peter Jackson that he’s been quietly working with him for years — and writing a brand-new installment for the beloved franchise.

“Yeah, I’m pretty happy about it,” Colbert told Jackson during their video call announcement.

There is arguably no other television personality with a more encyclopedic knowledge of the J.R.R. Tolkien books than Colbert, as he has regularly proven over the past 11 years on his “Late Show” during some genuinely impressive pop-quiz trivia segments on the material.

“You know what the books mean to me, and what your films mean to me,” Colbert told Jackson. “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 he’s writing the script with his son Peter McGee and that the film will be based on material from the first book in Tolkien’s series, “The Fellowship of the Ring,” specifically Chapter 3, “Three Is Company,” through Chapter 8, “Fog on the Barrow-Downs.”