South Island Wargaming, New Zealand.

Time to get a little more specific.

LotR get's a relaunch this febuary (4th of feb to be precise).

Release includes 5 books (40k codex size and price, sadly no hardcover) that cover ALL armies. All existing books will be removed and are no longer for sale, except for the rulebook itself and the three campaign books for the three movies.

Following books will be released: Realms of Men (Arnor, Gondor, Rohan), Forces of Mordor (Mordor, Isengart, Moria/Misty Mountains Goblins), Free folk of Middle-Earth (Elves and Dwarfs I assumed), Fallen Realms (Harad and Easterlings) and one that sums up the rest.

The Books will contain updated rules for ALL LotR Miniatures and nullify the entries in the big Rulebook. The rulebook is not replaced, but each of the five new themed books contains several pages of updated rules. WotR will mostly vanish from stores and be a better supported specialist game. There will be releases for WotR, but the LotR tabletop stays the third of the three big GW games.

Expect your armies to change drastically.

The release is accompanied by one (1) new plastic box set (some kind of cavallery) and a whole bunch of finecast miniatures. Some old friends, like the WotR command boxes, and some genuine new sculpts.

There is nothing else happening in febuary, at least that's what I've been told. First pure LotR month for some time now. Expect pictures any day now, the new WD will feature a LOT of LotR.

So, while I was at my local GW, chatting with the manager (who was completely unaware of the changes for LotR), the new issue of WD came in. Sadly, he couldn't show me the inside, but he did manage to give me some information, which I'll gladly share with you.
(For those of you doubting this, keep in mind my track record whenever new rules came out in WD)

There will be three larger kits. Two of them will be priced at €50, whereas the third is €35. All three are Finecast.
It was heavily implied that one of the €50 kits is the Watcher in the Water, though not outright stated.
The plastic cavalry set is either Kataphrakts or a new Easterling cavalry type.
Easterlings are heavily represented in this wave.
Apart from the single plastic kit and the three larger kits, there will be several new characters released in Finecast.
There are mounted characters.
The characters haven't been released before, so they're not yet another reissue of Aragorn and the like.
There is some Elven stuff released as well.

I have not seen any of them, but this is what is coming, all on Feb 4th.

The Free Peoples (English) 64pp Army Book $29.75
LoTR: Mordor (English) 48pp Army Book $29.75
LoTR: The Fallen Realms (English) 48pp Army Book $29.75
Moria & Angmar (English) 48pp Army Book $29.75
Easterling Kataphrakts 6 Fig Box $43.50 Plastic
Amdûr, Lord of Blades 2 Fig $39.50 Resin---2 Figures?????????
Easterling Dragon Knight 1 Fig $27.50 Resin
Easterling War Priest 1 Fig $27.50 Resin
Lord of The Rings Casualties 8 Fig Box $35.75 Resin--Seriously??????
The Watcher in the Water 1 Fig $85.25 Resin
Warg Marauder 1 Fig $29.75 Resin
Dweller in the Dark 1 $49.50 Resin
Grôblog, King of the Deeps 1 Fig $19.00 Resin
Ashrâk, the Spiderkin 1 Fig $16.00 Resin
Great Beast of Gorgoroth 1 Fig $85.25 Resin-The Big Rhino Thing
Gondor Commanders 4 Fig $47.50 Resin -4 Figures? One is a mounted captain?
Rohan Commanders 4 Fig $47.50 Resin
Galadhrim Elf Commanders 4 Fig $47.50 Resin
Dwarf Commanders 4 $47.50 Resin-well, they do not have mounts so what could it be? 2h/shield/banner/horn?