Paramount has informed Will Ferrell that it will not finance his long-planned sequel to his hit 2004 comedy Anchorman, a spoof of the American TV news business. Ferrell had planned to star in a stage version of the story,then transform it into a film. Ferrell probably hasn't helped change the minds of studio suits after calling them "idiots" for informing him they don't believe a sequel to the film is merited.Ferrell remains quite popular with audiences but is not a sure-fire box-office draw, as evidenced by the fact that a number of his films have under-performed against studio expectations. Paramount obviously thinks that the Anchorman gag can't be sustained throughout another film so many years after the original was released. For more click here