Elton is developing a US comedy series about an ageing rock superstar and the people around him.
Elton said the show, which hasn't been given a name yet, will not be based on him but will be a mix of other rockers such as Mick Jagger, David Bowie and Freddie Mercury.
Elton said: "It's not about me, but about everybody we've encountered over the past 30 years.
"We've met every star and seen every misbehaviour. And it's about the people around the star, who have to put up with them. It's an upmarket 'Spinal Tap.'"
Elton said the rock star's career will span three decades and a song called Him and Us has already been written for the show. It will feature on his 43rd album Peachtree Road.
The idea came to Elton and his business manager Bob Halley three years ago.
They've since had input from songwriter Bruce Roberts, producer Michael Edelstein and Sex and the City screenwriter Cindy Chupack