A little over a year ago came word that entrepeneur John Aglialoro was proceeding with his own film trilogy based on Ayn Rand’s famed 1957 novel “Atlas Shrugged”. Independently financed and marketed, the low-budget adaptation of Rand’s objectivism-spouting tome was torn apart by the critics and – despite his claims to the contrary – essentially ignored by audiences (see my Dark Doctrine piece).
Aglialoro blamed the critics for the disappointing box-office and, after some initial self doubting, is proceeding with his plans to make the second film. Producer Harmon Kaslow tells 24 Frames that a home video distribution deal has been reached with 20th Century Fox for the first film.
The producers will pay a distribution fee to Fox, in return they will keep home distribution rights while the studio releases the first film on DVD, Blu-ray, digital download and video on demand this Fall. All revenues from Part 1’s home entertainment sales will go toward financing Part 2 which hopes to be released during next year’s presidential election cycle.
Part 2 may also team up with a studio for theatrical distribution, though all will depend on the kind of revenue that home distribution of Part 1 will pull in.