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"Anchorman" director and co-writer Adam McKay has dropped a hint regarding the plot of the recently-announced sequel.

Speaking with Empire magazine, McKay says the story of Will Ferrell's Ron Burgundy and his news team picks up "right when all the news started changing with the 24-hours news cycle in '78 or '79." He elaborates, "All of a sudden, local news stations diversified and had Latino anchors and African-American anchors, and any time you're talking about diversity and the Action News team, that's always fun to deal with."

McKay previously told The Hollywood Reporter that the sequel could hit theaters as early as Christmas 2013.