19 December 2012 7:51 PM, PST | EW - Inside Movies | See recent EW.com - Inside Movies news »

Get ready for more bad hair, mustaches, funky leisure suits, and laughs.

Paramount Pictures has set the theater release date for the sequel to 2004′s Anchorman for Dec. 20, 2013.

Will Ferrell will be back as deep-voiced newsman Ron Burgundy, along with Steve Carell, Paul Rudd, and David Koechner in the comedy directed by script co-writer Adam McKay. McKay has hinted that the sequel will have whole song sequences, and we can only imagine Ferrell’s thick Burgundy mustache fluttering in the breeze during a diva number backed by the Channel 4 News gang.

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