Lego have finally confirmed they have the rights to produced sets based on The LotR trilogy & both Hobbit movies starting in June

http://aboutus.lego.com/en-US/PressRoom/CorporateNews/article/380673.aspx

Very awesome

These are allegedly the initial sets from smashing-brick.com.

9469 Gandalf Arrives:
- Small-sized set
- Gandalf and Frodo minifigures.

9470 Shelob Attacks:
-Small-sized set
- Samwise, Frodo and Gollum minifigures.

9471 Uruk-hai Army:
- Medium-sized set
- 4 x Uruk-hai with a siege crossbow, 1 x Rohirrim Soldier, 1 x Rider Of Rohan with his horse.

9472 Attack On Weathertop:
- Medium-sized set
- Samwise, Frodo, Aragon and 2 x Nazgul with their mounts.

9473 Mines Of Moria:
- Large-sized set
- Frodo, Gimli, Legolas, Boromir, 2 x Goblins, 2 x Skeletons and a Cave Troll!

9474 The Battle Of Helms Deep:
- Large-sized set
- Aragon, Gimli, Legolas, Theoden (with horse), 5 x Uruk-hai

& a video of the preliminary sets: