Atlas Shrugged Part 2 Productions, Haddonfield, has raised $16 million toward the next installment of a movie version of the Ayn Rand capitalist drama, according to a filing with the Securities and Exchange Commission.
John Aglialoro, boss of exercise-equipment maker Cybex International, runs the production company, as my colleague John Timpane wrote around the time Part 1 was released on Tax Day last year. As he noted, Aglialoro's fellow libertarian Rand fans and movie financiers include Comcast-Spectacor boss Ed Snider, a prospective Inquirer owner.
The group had filed to raise as much as $25 million, according to the SEC. See the filing via Villanova-based FormDs.com here.
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