There's No 'Anchorman 3' On The Horizon, Says Adam McKay

02/28/2014 09:59 am ET | Updated Feb 28, 2014

This week will offer fans their final opportunity to see Ron Burgundy and the rest of the Global News Network crew in theaters. Writer/director Adam McKay told Empire that he has no plans to make "Anchorman 3."

“It’s done,” McKay said. “I think that’s it. It was great to do it and it was so fun to work with those guys again, but I think that’s it for Ron Burgundy.”

This week's re-release of "Anchorman: The Legend Continues" features almost 800 new jokes, but it'll whip by in a flash, as the movie is in theaters for a one-week engagement. After that, McKay has no doubt that "Anchorman" is officially over as a series.

"Now we’re releasing this alt version, we’re totally satisfied. No 'Anchorman 3,'" he said. "I’m going to say definitely no. I’ll actually say it in this case!”

McKay also said he's done with sequels in general, which means the chance for a "Step Brothers 2" or "Return of Talladega Nights" is slim. Instead, he'll focus on new projects like "The Big Short," an adaptation of Michael Lewis' non-fiction look at the financial crash of 2008.

"Anchorman 2" was lucrative for Paramount, but it hasn't topped some of McKay's originals, despite an aggressive marketing campaign prior to its December release. The movie has racked up about $169 million in global ticket sales, which falls short of the $223 million taken in by the 2010 action comedy "The Other Guys" but surpasses the $128 million generated by 2008's "Step Brothers."

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