Adam McKay talks Anchorman 2 plot, cast, and release date

Two weeks ago Will Ferrell (as Ron Burgundy) announced that Anchorman 2 would be moving forward following a deal struck with Paramount. Now director Adam McKay has spoken about the sequel’s plot, returning cast members, and a potential Anchorman 2 release date.

While they’re still throwing around ideas and won’t begin writing the script until next week, McKay gave THR a hint as to what we can expect:

We have a basic idea. I’ll tell you we’re staying roughly period, 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. [laughs] So they’ve got some more change coming their way. I can say that pretty safely.

Because Anchorman didn’t make that much money at the box office (it only blew up on DVD and cable) Paramount didn’t want to spent a great amount on the budget, but after a few attempts they finally agreed on a number:

The budget we ended up getting was $50 million. It was perfect. We wanted $60 million, they were saying $35 million, $50 million we can get it done for. We came up with a — we’re not going to get rich — but a fair little back end sweetener on it.

While not all the original cast members are signed on for the sequel, most if not all are expected to return:

Well, we’re still finishing everyone’s deal on it, nothing’s official, but yeah I think we’ll get it done. It looks pretty good. It’s not officially closed yet for everyone else yet.

And finally, McKay is asked about the Anchorman 2 release date:

We’re talking about it, we don’t know yet exactly where it’ll be, we’re kind of floating. They’ve said Christmas, they’ve said March, and then they’ve gone as late as May. You know they want it to be summer, is what they want, but that gets a little long. So we’ll have to figure that out.

You can read the full interview over at THR where McKay talks about how the sequel finally came around after Paramount backed away numerous times.

Filming will begin around January-February 2013, and by the sounds of things the Anchorman 2 release date will be sometime in 2014 (most likely the summer).