Houghton Mifflin replied to my inquiries about a report that a version of Lord of the Rings they were releasing in June as a film novelization. Here is their reply.
The books are set as movie tie-in which has the art from the movie with information pertaining to the characters etc.
Apparently they are NOT publishing a novelization (that is, a version of the books in which the storyline is altered to match the films’ storyline). However, we are still waiting to hear more details the ways in which the books will be a film tie-in.