Will Ferrell on'Anchorman'sequel hold-up: Paramount'are being idiots'

Looks like"Anchorman"fans won't get new catchphrases any time soon.

A sequel to the mega-hit 2004 comedy -- starringWill Ferrell,Steve Carrel,Paul RuddandChristina Applegateas '70s news anchors inSan Diego-- has been axed, reveals its star,Ron Burgundy.

"You'd have to really assert some kind of email hate campaign toParamountpictures,"says Ferrell,"because they've told us, quote unquote, 'We've run the numbers and it's not a good fit.'"

To get people -- or at least, Paramount -- interested in the idea, the comedian is hatching a plan.

"We were going to do almost a reverse -- almost like how theMarx brothersused to do --  we were going to do a Broadway musical and then have a film come out after the stage show,"he says."Everyone we tell the idea loves it, except for the studio that owns the rights. Ball's in their courts, but they're being idiots."

It's not like"Anchorman"didn't make money for Paramount.

The film grossed $90 million worldwide -- and it cost them $26 million to make.

Last month,"Anchorman"producerAdam McKaytweeted,"So bummed. Parmaount basically passed onAnchorman 2. Even after we cut our budget down. We tried."

For a Ferrell fix, fans can catch him on“The Office” as Michael Scott’s replacement,Deangelo Vickers.

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