Variety reports that, with its license deal for Lord of the Rings expired, Electronic Arts no longer has rights to
Lord of the Rings. According to the report, "based on logic and what some sources have told me, expect Warner Bros to start producing
Lord of the Rings games itself soon.."
The logic, of course, is based on the fact that New Line Cinema holds the movie rights to the books of the legend of the myths. Warner Brothers owns New Line Cinema. Warners also owns
Mines of Moria developer, Turbine.
While we're here... Warner Brothers also owns the rights to the Harry Potter movies, the games of which are currently published... by Electronic Arts.
Source