US channel HBO will premiere Funny Or Die Presents, a new half hour series that compiles clips from the website the pair co-created in 2007.
When the series was announced, Will sarcastically asserted the deal was "the missing link moment where TV and internet finally merge".
The show is introduced by a 1950s-style TV host who intones: "Funny Or Die is at the forefront of computer technology, leading the way in computer comedy programming. Tonight marks a departure from our usual business model as we join the ever-declining world of broadcast television."
Adam, best known as the director of comedies such as Anchorman: The Legend Of Ron Burgundy and Step Brothers, said that joke is "70 per cent true and 30 per cent joking".
He described the show as "the least noted or developed TV show that's maybe ever been put on".
"The whole concept of Funny Or Die ... was the idea that people could have a place to put up whatever they wanted to put up with no notes and no filter," Adam said. "The TV show came out of that same spirit."
For frequent visitors to FunnyOrDie.com, the material on the HBO show will look familiar: Will as Abraham Lincoln with Don Cheadle as Frederick Douglas in Drunk History, Rob Riggle and Paul Scheer in Designated Driver and Fred Willard in Space Cats.
"It has an energy to it," said Adam. "There are some pieces that are brilliant and some that are kind of a mess. It feels really kind of free."






Love Will Ferrell. Well, except from Step Brothers. That was rubbish.