When Adam McKay shot Anchorman: The Legend of Ron Burgundy there was enough unused footage left over to craft the bonus film Wake Up, Ron Burgundy. That's why it should come as no surprise that he's hard at work on another alternate film using extra footage from Anchorman 2: The Legend Continues.

"We did so much improv on this one that we can literally replace every single joke in the movie and put in alt scenes and alt improv runs," McKay explained. "I think the editor’s working on it right now, with 250 new jokes." Whether that film will also be released to theaters or end up as a DVD bonus is unforeseen. But McKay has an idea of where he'd like to see it, "I think it would be really funny to put it in theaters for midnight showings. I know that I personally, if I loved a movie and someone told me that, like if Airplane! had been released with all-new jokes, I’d be like, ‘you’ve got to be fucking kidding me!’ I’d see it in a second.”

No title or plot details about this alternate version have been given so let's just speculate that it's Ron Burgundy vs. The Martians. Because, y'know, who wouldn't want to see Ron Burgundy go toe-to-toe with some Martians? (Empire)