Good news everyone! The sequel to the 2004  comedy “Anchorman” finally has a release date. “Anchorman: The Legend Continues” will debut in theaters December 20, 2013.

Comedian Will Ferrell announced the plans for the sequel back in March during a taping of “Conan.” The first trailer, which featured Ferrell and actors Paul Rudd, Steve Carrell and David Koechner, was released in May. We also noted that actor Vince Vaughn is among the celebrities slated to make cameo appearances in the next film.

The plot of the film is still unclear, though we now that there will be a musical element, and the transformation from hard news to entertainment news will play a part of the plot.