Will Ferrell, No, Make That Ron Burgundy, Announces ‘Anchorman’ Sequel

San Diego, you can safely continue to remain classy: an “Anchorman” sequel is in the works. In a surprise appearance on Wednesday’s broadcast of “Conan,” Will Ferrell donned the 1970s period garb (and mustache) of the titular newscaster he portrayed in the hit 2004 “Anchorman: The Legend of Ron Burgundy,” to announce that he will be making a follow-up to that film.

After indulging in a lengthy flute solo and tossing a few insults at the host, Conan O’Brien, Mr. Ferrell — or is that Mr. Burgundy? — said: “As of 0900 hours 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.’”

No other details on the project were immediately available, but the original “Anchorman” film, written by Mr. Ferrell and Adam McKay and directed by Mr. McKay, played a crucial role in establishing Mr. Ferrell as a credible movie star after he left “Saturday Night Live.” Released by DreamWorks, it grossed more than $85 million in the United States and helped introduce catchphrases like “You stay classy, San Diego” and “I love lamp” into the pop-cultural lexicon while paving the way for Mr. Ferrell’s future hits like “Talladega Nights: The Ballad of Ricky Bobby” and “The Other Guys.”

While Mr. Ferrell does not often return to his big-screen characters, an “Anchorman” sequel probably wouldn’t hurt his balance sheet. His most recent film, the Spanish-language comedy “Casa De Mi Padre,” has grossed about $4.2 million playing in limited release.