The studio! Despite what were no doubt very convincing charts and graphs showing Paramont how much the sequel to Austin Powers made -- itself a cult hit and video juggernaut like Anchorman -- Paramount would not meet the necessary $60 million budget.
Now you might be asking: Why didn't McKay, Will Ferrell, Paul Rudd and Steve Carell just take the show to Broadway themselves? Well, it also had to do with money: "[I]t's too hard on the actors. And there's no money for them." And in his dressing room backstage at the Lunt-Fontanne Theatre, Nathan Lane weeps.
ยท 'Anchorman 2' Would Have Been a Musical on Broadway [CHUD]