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As for royalties, I haven't the slightest idea. Personally I doubt it but that's based merely on a gut feeling, not evidence.
Actually I think that unusual copyright statement represents walking a tightrope, avoiding the Scylla of actual approval, which would imply 'endorsement' or 'involvement', and the Charybdis of simply refusing and looking like obstructionist buttheads (not that it worked, since the PJ camp was happy to falsely accuse CT of just that in other contexts).
It's a very distinctive form of statement, suggesting "We're not going to stop you, but we won't have anything to do with it." In other words, completely consistent.
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The entire plot of The Lord of the Rings could be said to turn on what Sauron didn’t know, and when he didn’t know it.
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