Probably not overwhelmingly surprising given that all the WB Seattle studios have been working on Lord of the Rings games.
Source: http://kotaku.com/the-strange-prey-2-situation-1134835391Kotaku said:On his CV, a Seattle-based artist says the worked on storyboards for a AAA Lord of the Rings title at Monolith/WB Seattle last December and January following the release of Monolith's download-only LOTR MOBA Guardians of Middle-Earth. Given Monolith's recent emphasis on licensed games such as Guardians and Gotham City Impostors, Monolith handling another licensed title is hardly a surprise.
What might be a bit of surprise, however, is Monolith seemingly venturing back into AAA territory following layoffs and the studio's recent duo of smaller download-only titles. In early May, job postings revealed that the Seattle area studio is working on a cross-generation, quest-based open-world AAA action-adventure game.
Tolkien rights holders The Saul Zaentz Company recently registered a number of game-related trademarks and domains for "Middle-Earth: Shadow of Mordor," and those could very well fit Monolith's project. Monolith's title is likely still quite a bit away, but The Saul Zaentz Company registered trademarks for War in the North the last AAA LOTR title two years in advance of the game's release.