The whole gang is back for the sequel to Anchorman and we couldn’t be happier about it. The first Anchorman is one of our favorite comedies, mostly thanks to the very talented ensemble cast who really go above and beyond to bring the funny.

With Anchorman 2: The Legend Continues, we’re back with Ron Burgandy and the gang as they need to get back together to help save their favorite TV station. Plus, Brick has a girlfriend, played by Kristin Wig. Awesome.

Check out all the fun after the break. Look for Anchorman 2 to arrive on December 20.

We live in a glorious bubble of  time. We know Anchorman 2 is going to come out, it has been green lit, it has begun production, and Will Ferrell is sporting a wicked ‘stache. The film exists on a pedestal of excitement that is likely not going to by the finished product. So for these fleeting few months the concept of Anchorman 2 is simply bliss.

Yet while we live in our cocoon anticipation, productions moves steadily on. Often times a new movie means new faces, and Deadline has the scoop on one very funny addition to the Anchorman 2 cast:

Paramount insiders tonight confirmed to me what Christina Applegate tweeted a few hours ago: “So excited Kristen Wiig has joined our cast forAnchorman 2.” The sequel formally titled Anchorman: The Legend stars Will Ferrell and Steve Carell plus Wiig in what the studio says is a “new role”.

Kristen Wiig was very much the Will Ferrell of her SNL generation, often stealing skits just by being on stage, so to see her enter the Anchorman world makes a ton of sense. Wiig has been successfully making the jump from the ‘not ready for prime-time players’ to big screen in the last few years, and landing a new role among such a star-studded cinematic comedy event only further establishes her rising star.

Good news for all you Anchorman fans. Will Ferrell made the official announcement on Conan O’Brien’s TBS talk show last night that there will be an Anchorman 2. Dressed in full Ron Burgundy get up, Ferrell did an in-character flute solo followed by an official announcement for “the Americas” that the film is in production.

Adam McKay has agreed to direct. McKay will also write the script with Ferrell.  Other than Ferrell’s Ron Burgundy, Steve Carell and Paul Rudd are signed on to return as their characters from the 2004 original. No word yet on whether any other characters will be returning from the original film. The film will once again be produced under Judd Apatow’s production company.

Anchorman: The Legend Of Ron Burgundy had been a DreamWorks production but Paramount took over the project.

As recently as last month, Will Ferrell had been working on the script for Step Brothers 2, which lead many to believe that Anchorman 2 was dead in the water. The sequel had been on the shelf for a while now due to the studio not being willing to reach an agreement on making the film.

More on the film as it becomes available and see the clip after the jump.

Stay classy, San Diego…