Actor Alec Baldwin announced he has dropped out of Men in Black III.

The film is a $200-million-plus project that began shooting November 2010 even though the script had barely been started, reported Reuters.

I'm not doing that. I'm out of it; the schedule didn't work out, he said to New York Magazine at a Roundabout Theater Company fete Monday.

The 30 Rock star has joined New Line's big screen version of Rock of Ages, starring Tom Cruise. He has hired a singing coach to help with the demands of his role as a former rocker.

Men In Black III will star Tommy Lee Jones, Will Smith and Josh Brolin and the sci-fi action comedy will be in 3D.

Steven Spielberg is returning as executive producer with Barry Sonnenfeld as the director. The scheduled release date for the film is May 25, 2012, ten years after its predecessor.