Your Daily Update on the Status of Don Quixote and Atlas Shrugged: The Movies

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06/14/2010 4:35 PM |

This new version of Don Quixote will not star Peter OToole or Sophia Loren. Unfortunately.

  • This new version of Don Quixote will not star Peter O’Toole or Sophia Loren. Unfortunately.

-Joel Silver, the hard-partying producer of Lethal Weapon, Die Hard, and Assassins, is working with Warner Brothers to fast-track an adaptation of Cervantes’s Don Quixote, expected to be a major development, production and marketing investment for the studio. There’s no script, director or cast attached yet, but Silver recently produced the Warner Bros. hit Sherlock Holmes, in which a previous generation’s eccentric literary icon becomes the rippled-ab hero of a two-hour music video (and its sequel) (sequels?), and in his version of the famed knight-errant’s tale, it’s reported, “Don Quixote isn’t crazy and that there is, in fact, a fantasy world” where he and his squire commit many chivalric acts.

-Elsewhere in long books being made into bad movies, Ayn Rand’s Atlas Shrugged went into production last weekend, just a day before the film’s producer, John Aglialoro—CEO of the exercise equipment manufacturer Cybex International, with no previous filmmaking experience—was set to lose the rights to film the novel. Paul Johansson, who played Chad Michael Murray’s dad on One Tree Hill, will star and direct. The film is budgeted at a relatively skimpy $5 million, which reflects poorly on the source material’s worth, according to the source material.