A follow-up to 2004 cult comedy Anchorman: The Legend Of Ron Burgundy, which starred Ferrell as an obnoxious 1970s newsman, has long been mooted, but Ferrell has now revealed he is working on a sequel.
The actor appeared in character as Burgundy during an appearance on Conan O'Brien's America TV talk show on Wednesday (28Mar12) to announce the news to fans.
He said, "As of 09:00 Mountain Time, Paramount Pictures and myself, Ronald Joseph Aaron Burgundy, have come to terms on a sequel to Anchorman. It is official! There will be a sequel to Anchorman. There will be a sequel.”
It is not yet known if Ferrell's co-stars Steve Carell, Paul Rudd and Christina Applegate will be returning in the new film.