Actor who has hosted Saturday Night Live 12 times may now star in parody of it.

Alec Baldwin is in final negotiations to star opposite Tina Fey in Fey's untitled comedy pilot for NBC.

The show is set behind the scenes at a Saturday Night Live-type show, familiar territory for Baldwin, who has become a fixture on SNL, on which Fey stars and is a head writer.

He has hosted the late-night sketch-comedy show a number of times, most recently in December, and also made an appearance this month.

If the pilot goes to series, it will be Baldwin's first major series gig since his 1984-85 stint on CBS' prime-time soap Knots Landing.

Baldwin, who also had a recurring role on NBC's Will & Grace, will next be seen in two high-profile features: Martin Scorsese's crime drama The Departed, and The Good Shepherd, a look at the early history of the CIA directed by and starring Robert De Niro.