In 2010, Steve Martin and Alec Baldwin teamed up to host the Oscars with director Adam Shankman (Hairspray) producing the telecast.  While the involvment of Shankman and Martin's disappointing streak of movies caused me some concern, the show turned out to be highly entertaining.  Martin and Baldwin shared a few scenes in It's Complicated but their chemistry really popped on stage, and now Deadline reports that the actors will re-team with Shankman for an untitled comedy project.  Deadline says the status of the project is still in its early stages—no signed deals, no writer attached—but that the "comedy that has a bit of Trading Places meets Grumpy Old Men."  With Martin and Baldwin attached, that premise sounds moderately intriguing.

Both actors have worked separately with Shankman in his capacity as a film director.  Martin previously starred in Shankman's Cheaper by the Dozen 2, and Baldwin co-stars in the upcoming musical Rock of Ages.