Image Credit: Frank MasiCould Ron Burgundy live to anchor another nightly newscast after all?

Last Thursday,Anchormandirector/co-writer Adam McKay suggestedvia Twitterthat the longgestatingsequel was a no-go: So bummed.

Paramount basically passed onAnchorman 2.

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Credit: Frank Masi

Even after we cut our budget down.

Talking to EW today, McKays star and co-writer Will Ferrell struck a similarly bemused tone.

Ferrell wouldnt rule out the possibility thatAnchorman 2might get made after all.

Read on for our Q&A.

What happened with that?

How do you feel about that?

WILL FERRELL:Well, you know, yeah, its a little peculiar.

And then to get the reaction we got, yeah, its slightly puzzling to us.

But you know what?

Its also their money.

They get to do or not do whatever they want.

Were still going back and forth.

Maybe there is a solution.

Or, I know in talking to Adam, if it never happens, then it never happens.

And thats fine, too.

So well just see.

Were you at the actual meeting where they turned it down?

No, I was there when we said we were up for doing this.

The other stuff came later.

It sounds like you wouldnt rule out that it might come back around.

They may circle back.

Its always a negotiation, even if its a No.

You just never know.

So well just kind of keep moving on, see what happens.