Will Ferrell is ready for a comeback as Ron Burgundy in Anchorman 2!

During a surprise appearance on Conan, Ferrell made the following announcement as Mr. Burgundy:

    "To everyone here in the Americas. To our friends in Spain, Turkey and the UK including England as of 0900 mountain time, Paramount Pictures and myself . . . have come to terms on a sequel to Anchorman."

The original Anchorman has grossed $90.5 million worldwide to date. A release date for the sequel has yet to be announced.

Let's hope Christina Applegate and Steve Carell will be back, too!