"Anchorman" director Adam McKay, out doing promotions for his new effort "The Foot Fist Way", tells Collider that a sequel to the Will Ferrell comedy is in the works.

"We're dying to do it. Unless we can't get the cast together, which is always kind of a tricky thing. But, I think, with that cast we're all friends, so yeah, we want to do it" says McKay.

What's the time frame? "I'm looking to do another movie, I might do this other movie called 'Channel 3 Billion' which is kind of this 'Brazil' type comedy. Then after that, Will and I are like let's do 'Anchorman 2'.... so you're talking like two years maybe we'll do it. But we're going to do it, for sure."