Alec Baldwin and Kelsey Grammer are to star in a new comedy.

Alec Baldwin

Alec Baldwin

The 'Saturday Night Live' star and the 'Frasier' actor are set to appear in a new comedy show, which is yet to be titled, as two roommates, with the third cast member set to be announced at a later date.

The new straight-to-series order at ABC is expected to be out in 2021 or 2022.

Meanwhile, Alec previously admitted he is "overjoyed" to have lost his job on 'Saturday Night Live' after Donald Trump lost the presidential election recently.

The 62-year-old actor wrote on the Hilaria and Alec Baldwin Foundation’s Twitter account at the time: "I don’t believe I’ve ever been this overjoyed to lose a job before!"

He also shared a photo of himself in character and wrote: "It's been fun."

Before saying goodbye to playing the president, Alec appeared on this weekend's episode of 'SNL' - which was hosted by Dave Chappelle - and joked about the president's insistence many of the votes cast in the election shouldn't count.

In character, he declared: "I was re-elected president of the United States.

"But, of course, they are trying to steal the election away from me. I’m not going to say goodbye, America. I’m just going to say, 'See you in court!'"