Will Ferrell and Mark Wahlberg will star in comedy “Daddy’s Home” with shooting starting later this year.

Ferrell will portray a mild-mannered radio executive who strives to become the best stepdad to his wife’s two children. Wahlberg will play their freeloading father.

Ferrell and Wahlberg, who teamed in “The Other Guys,” had been rumored to be the stars of “Daddy’s Home” since the summer. Paramount and Red Granite Pictures will co-produce and co-finance and Paramount will distribute worldwide.

Sean Anders will direct from a script by Brian Burns with revisions by Anders and John Morris, Chris Henchy, Adam McKay and Etan Cohen.

Morris will produce with Ferrell, Henchy and McKay through their Gary Sanchez Productions banner. Executive producers are Riza Aziz, Joey McFarland and David Koplan from Red Granite; Kevin Messick and Jessica Elbaum of Gary Sanchez; Anders and Diana Pokorny.