It seems that a new AAA The Lord of the Rings game may be coming from Warner Bros. Interactive.
Anton Bogaty's LinkedIn The Lord of the Rings game back in December and January. This was after MOBA Guardians of Middle-earth had been released.lists storyboards created for the new and unannounced
This may be related to The Saul Zaentz Company filing a trademark application back in May for Middle-earth: Shadow of Mordor, which covered game software, among other things. it may also be related to The Hobbit trilogy being produced by Peter Jackson.