Lord of the Rings: The White Council - EA Confirms Very Little

GameSpot has news that EA's CFO Warren Jensen would make a good politician, having confirmed The White Council is both in development and on-hold:

Today, during a postearnings call, EA CFO Warren Jenson confirmed that The White Council is not canceled--but that work on it has been indefinitely suspended. "The Lord of the Rings product is back in development in terms of being on hold," he cryptically told an analyst who asked whether or not the game had been canceled outright.

But while EA hasn't pulled the plug on The White Council, its prognosis is not good. Jenson said that the game will not be released during the publisher's next financial year, which ends on March 31, 2008. He also announced that EA is "looking at the creative positioning and feature set on the Lord of the Rings franchise," but did not elaborate.