Angelina Jolie is set to star in the film adaptation of Ayn Rand's iconic novel Atlas Shrugged for Lionsgate, according to Variety.

Howard and Karen Baldwin (Ray), who hold the rights to Rand's most ambitious novel, are producing with Media Talent Group topper Geyer Kosinski, Jolie's manager.

Jolie, a longtime fan of Rand's, was eager to play the role of Dagney Taggart, the most powerful female character in any of Rand's books.

A movie version of the Russian-born author's novel, which runs more than 1,100 pages, has been long in the making. For years, producer Al Ruddy tried to bring Atlas Shrugged to the bigscreen, attracting the interest of Clint Eastwood, Robert Redford and Faye Dunaway along the way.

Jolie will next be seen in Robert Zemeckis' Beowulf and The Good Shepherd, directed by Robert De Niro. She's about to start filming A Mighty Heart, based on the book by Mariane Pearl, widow of murdered Wall Street Journal reporter Daniel Pearl.