Paramount will release the film, which brings back Will Ferrell, Steve Carell, Paul Rudd and David Koechner
"Anchorman: The Legend Continues" is set for wide release on Dec. 20, 2013, a Paramount Pictures spokeswoman told TheWrap.
Also read: Kristen Wiig May Join 'Anchorman: the Legend Continues' (Exclusive)
Earlier this month, TheWrap reported exclusively that Kristen Wiig was circling a role in the sequel.
"Anchorman 2" will be produced by Judd Apatow.