Playbill reported on the upcoming "Talk Radio," which also features Liev Schreiber and Peter Hermann.
"Talk Radio" follows Barry Champlain, a late-night talk show host whose show is heading for national syndication.
March has also been seen on "30 Rock" and in the 1999 Broadway revival of "Death of a Salesman."
Jensen -- set to play the role of Stu Noonan, friend and foe to Champlain -- will make his Broadway debut. Jensen has appeared off-Broadway in "Y2K" and will be seen in the upcoming series "The Bronx Is Burning."
Robert Falls ("Long Day's Journey into Night"), will stage "Talk Radio," set to open Feb. 25, 2007 at Longacre Theatre.