‘Atlas Shrugged Part 2’ to start production in April
LOS ANGELES — “Atlas Shrugged Part 2,” the second film in a proposed trilogy adapting Ayn Rand’s 1957 capitalist epic, is scheduled to start principal photography in April in Los Angeles and Colorado, with an eye toward an October 2012 theatrical release, producers revealed Thursday.
Businessman and Rand acolyte John Aglialoro, who financed the production and distribution of the first “Atlas Shrugged” film for $20 million, and producer Harmon Kaslow announced that they have raised the necessary financing for the sequel. They declined to reveal the final budget, but in an earlier interview, Kaslow said they were aiming for a production budget in the $10 million-to-$15 million range.
“Atlas Shrugged” the novel takes place at an unspecified future time in which the U.S. is mired in a deep depression and a mysterious phenomenon is causing the nation’s leading industrialists to disappear or “strike.”
The first “Atlas Shrugged” movie rode a wave of conservative anticipation into theaters in 2011. After failing to impress mainstream film critics, however, it took in only $4.6 million at the box office.