Turbine’s in-development console MMO has cost $20 million thus far, the studios’ project development VP Craig Alexander has told GDC Austin.
The exec also hinted that the game will be free-to-play – an increasingly common model in the MMO market.
A release is expected in 2011.
No one outside the company knows what the game is, but a console version of LotRO has been heavily rumoured previously.