Back in April, I wrote with — as I stressed at the time — a sense of schadenfreude at the news that the second and third installments of the movie trilogy Atlas Shrugged wouldn’t be making its way to theaters. Based on Ayn Rand‘s best-selling novel (it hurts just to write that), producer and co-writer John Aglialoro blamed it on the bad reviews and poor box office performance that the movie experienced, saying that critics “won.”

But 24Frames tells us that the sequels will be getting made, and now 20th Century Fox is someone to blame. According to them, the studio has purchased the home video rights to the movie, which is made possible by the producers paying a distribution fee. In my eyes, the studio should be blamed because it’s pretty obvious that this wouldn’t be happening if it wasn’t for the money that producers will be getting from home video sales.

While I don’t know if it will be a lot, it’s likely that a decent amount is to be earned here, and that makes the sequel a financially-reasonable endeavor. Producer Harmon Kaslow summed it up when he said that Aglialoro “has a much clearer perspective,” and also noting that “his effort in producing Part 1 has been validated by having the largest home video distributor in America aboard.” The first movie starred Taylor Schilling and Grant Bowler, and was directed by debut filmmaker Paul Johansson. It’s not clear if the director will be returning, but considering that he plays central figure John Galt, it seems pretty likely.

Production is set to begin this September — with a release around the 2012 election in mind — but it isn’t clear if Fox will also be distributing; Kaslow doesn’t even seem to know. But it’s the basic vibe I’m getting from this report, with studio marketing and fulfillment capacity being mentioned as an advantage to them this time around. I’ve basically already said why I think Atlas Shrugged is an awful piece of fiction — and why its writer, Ayn Rand, was a terrible human being (read this article if you don’t believe me). At the end of the day, I don’t know if I really care about this, though. The first movie didn’t get any attention because a) it’s based on source material that is primarily hailed by fringe groups, and b) it was bad. That latter quality will probably apply to the sequel, and I’ll take the right path by simply never seeing it. I know many others will do the same.

Do you want to see a sequel to Atlas Shrugged? Were you a fan of the first movie?

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