Paramount passed on Anchorman 2

Allow me to be the first to say, what the hell was Paramount thinking when they passed on this project?!? Anchorman is now considered a classic. It's certainly one of my favorites of the movies released in 2000.

According to Adam McKay, the budget when have been the same size as Step Brothers, which featured both Will Ferrell and John C. Reilly.

It's a shame really.

Adam's Twitter statement:

So bummed. Paramount basically passed on Anchorman 2. Even after we cut our budget down. We tried.