Do most fantasy novel nowadays have traceable elements of Tolkienism in them?

[Galadriel55]

Originally Posted by Inziladun

It's a quibbling detail, but are Lovecraft and Poe "fantasy" authors too? I'd always consigned at least Lovecraft to the Horror genre.

Based on the few of Lovecraft's stories that I've read, I'd actually put him under sci-fi, with a little bit of fantasy and horror sprinkled in. Maybe I just haven't read the right stories, though.