John Aglialoro, who independently produced and funded the first movie to the tune of $20 million, and Harmon Kaslow, another producer, announced that they would begin principal photography on the sequel in April, according to the Hollywood Reporter.
Ever attentive to timing, Aglialoro and Kaslow said they chose to announce the movie on what would have been Ayn Rand’s 107th birthday and are shooting to release it this October, right before the presidential election.
According to the Reporter, “for Part 2, [the producers] have brought on Duncan Scott, who produced We The Living in 1986, a three-hour long foreign film also based on a Rand novel.”
The first movie, which was championed by Tea Party groups like Freedomworks, was released on Tax Day last April. It’s based on Rand’s 1957 novel of the same name, and was originally intended to be the first of a trilogy. Things were looking pretty grim though after the movie was almost universally panned by critics, and earned a paltry $4.6 million at the box office.
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