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!

Will Ferrell and Zach Galifianakis play some major tonsil hockey in this just-released Funny or Die video, and it's HOT.

The two funny men enjoy a serious thespian chat about films in the Webby Award-winning series, Between Two Ferns with Zach Galifianakis, before watching uncomfortable animal videos, feed each other cherries and strawberries, and then proceeding to make out!

Check out Mad Men star Jon Hamm's random cameo -- he crashes the set to try and find his lost keys!

Find out which other funny guy Ferrell has made out with in public, after the jump ...

The full version of The Beastie Boys' new short film, which is packed with A-listers, has hit the web.

The video comically revisits the group's hit song "(You Gotta) Fight For Your Right (To Party.)"

The celebs playing The Boys themselves (both older and younger versions of them) include Will Ferrell, Jack Black, John C. Reilly, Seth Rogen, Danny McBride and Elijah Wood.

The flick also features cameos from The Beastie Boys themselves ... as cops. The group's new album, Hot Sauce Committee Part Two, drops May 3.

See the full list of celebs who appear in the video after the jump.

Will Ferrell and wife Viveca Paulin welcomed their third son, Axel Ferrell on Saturday, January 23.

His rep confirmed the news, adding, "All the Ferrells are well."

Will and his wife have been married for ten years and have two other sons, Magnus, age 5, and Mattias, age 3.

Congrats!

Brad Pitt will be lending his voice to the upcoming animated feature Oobermind for Dreamworks Animation.

Pitt will co-star along with Will Ferrell, Jonah Hill and Tina Fey.

Ferrell will play Oobermind, a supervillian who conquers Pitt's Metro Man - but quickly realizes that life is boring without an adversary. So Oobermind creates a new superhero named Titan. Unfortch, Titan - voiced by Jonah Hill - prefers the dark side, forcing Oobermind to take on the role of superhero.

Tina Fey will play a reporter who tries to keep track of the chaotic superhero situation.

The film is expected to be in theaters in the fall of 2010.

Will Ferrell and John C. Reilly sure were in a good mood on their way out of the Step Brothers premiere in New York last night - they hammed it up for the cameras the whole way back to their cars. We just hope the movie's half as funny!

...unless you've got plenty of Will-power!

We caught funnyman Will Ferrell out exercising earlier this week. Keep it up, Will - you'll be the new Matthew McConaughey in no time!

'Tis the season to be merry - and in that spirit, we bring you funnyman Will Ferrell!

We caught the comedian out with his wife Viveca and sons Magnus and Mattias as the family picked out a Christmas tree at Mordigan's Nursery on Sunday.

Our cameras were trained on Will, but we have to say that Magnus stole the show with his adorable antics. Looks like the apple didn't fall far from the tree!