NBC has confirmed that Alec Baldwin will be hosting the season finale of Saturday Night Live on May 15 in what will be the actor’s 15th time hosting the show, which will tie his recent Oscar co-host Steve Martin’s record for the most times hosting. And apparently they’ve decided to make this the Hall of Fame edition, or something: the musical guest for the finale will be Tom Petty and the Heartbreakers, playing SNL for the 8th time, which will leave Petty one shy of Dave Grohl and Paul Simon’s musical guest record. [NBC.com]