An article from dailyblam.com announced today that Warner Bros is releasing a new Multiplayer Online game for XBox and Playstation titled Guardians of Middle-earth.
Here is the info from the official site:
A shadow grows over Middle-earth as the greatest armies of the Third Age prepare for the coming battle. Take up arms in the clash over Middle-earth with the most powerful heroes from the greatest fantasy epic of all time. Form memorable and unlikely alliances with and against friends as the wildly popular Multiplayer Online Battle Arena genre comes to Xbox Live Arcade and PlayStation Network.