Christina Applegate is to star opposite Will Ferrell in DreamWorks'
Anchor Man: The Legend of Ron Burgundy, according to the Hollywood Reporter.
The project, helmed by Adam McKay, is set in the 70s and sees a local news anchorman with perfect hair and an inflated ego (Ferrell) who believes he is ready for a national network job falling in love with a cutthroat feminist reporter (Applegate) also out to further her career and who threatens his job.
Production on the movie will begin in the summer.