ANCHORMAN 2 (News Update)

• ANCHORMAN 2

Last month, Ron Burgundy (Will Ferrell) himself announced that Paramount Pictures now has plans to move forward with a sequel to the 2004 comedy Anchorman: The Legend of Ron Burgundy.

Hopefully Christina Applegate will return with the Gang

Recently, director Adam McKay dropped a few hints about what fans can expect when Mr. Burgundy returns to the big screen, he spoke with The Hollywood Reporter.

"We're going to start next week actually," McKay says of beginning the screenwriting process. "We're going to hole up... Usually in a month and a half to two months we can come up with the full draft, like a rough vomit-y draft. Then, you know how it goes, the real work is in the re-writing, so then we just pound it for the next five months."

Some rough story details are already in place, including the likely return of Christina Applegate as Veronica Corningstone.

"[W]e have an idea for her that we think is pretty cool," McKay explains, "So tentatively right now she's in. But obviously we kind of have to let it be what it's gonna be. We don't want to handcuff ourselves, but we love Applegate, so any chance to work with her is always fun."

The current plan is to begin shooting the sequel in February of 2013 with a release planned for as early as March of 2014.

"I'll tell you we're staying roughly period," McKay continues of the sequel's setting, "and I would just say it's the next stage in the development of American media and news. The fun of these characters is they confront change very poorly. So they've got some more change coming their way. I can say that pretty safely."