Baldwin played Dennis Dupree in the 2012 big screen adaptation of the hit Broadway musical, reported Contactmusic.
"It was a complete disaster. A week in you go, 'Oh God, what have I done?'," he said.
The 55-year-old actor explained that he only agreed to be in the movie because he wanted to work with director Adam Shankman, who previously helmed the 2007 musical movie "Hairspray".
The Emmy Award-winning star also criticised Hollywood studios for only green lighting big budget movies such as "Spider-Man" and believes the lack of diversity has made movies less interesting than viewers' own lives.
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