Fantasy artist Tony DiTerlizzi is doing some cover work for Del Rey, and here's what it says on his homepage:

Tony Does Tolkien

You want him to paint Bilbo Baggins, you got it! In preparation for 'The Lord of the Rings' movies, Del Rey Books is repackaging all of J.R.R. Tolkien's titles.

Tony painted a new cover for Unfinished Tales, an anthology of small stories and lost bits that Tolkien wrote while creating his legendary literature. Look for it in stores early next summer.