Saturday Night Live is celebrating its fortieth anniversary next year and will have quite the party lined up when it does. TV Line reports that the sketch comedy series will air a a three-hour live special on February 15th, 2015 to commemorate the event. The episode will include both current and past cast members along with special guests and musical performers from the show's run.

NBC Entertainment Chairman Robert Greenblatt said in a statement announcing the news, "Saturday Night Live is an institution unlike anything else in television history. The many brilliant ‘Not Ready for Primetime Players' over the years is a who's who of film and television comedy for the last two generations. The roster includes everyone from the iconic first cast in 1975 to household names ranging from Eddie Murphy, Billy Crystal, Dana Carvey, Mike Myers, Will Ferrell, and Adam Sandler, to Kristen Wiig, Tina Fey, Amy Poehler, Jimmy Fallon, and Seth Meyers — to name only a few. This brand, which is still one of the highest-rated comedies on television, was the brainchild of Lorne Michaels, who still presides over the whole enterprise today. This special is just one of the many ways we plan to celebrate SNL‘s historic 40th season next year."

The guests will be determined and revealed in the coming months.

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