The Insider.com

Well, it's about damn time!

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San Diego's finest (and his jazz flute) paid a visit to Conan tonight with a special announcement—After years of struggle, the long-awaited Anchorman sequel is finally in the works!

Will Ferrell's Telenovela Adventure

"As of 09:00 Mountain time, Paramount Pictures and myself, Ronald Joseph Aaron Burgundy, have come to terms to a sequel to Anchorman," said Ferrell in full, Channel 4 Evening News team garb. "It is official; there will be a sequel to Anchorman."

Burgundy was sparse on the details of part two, but this clip should tide you a hundred times over until further details emerge.