Premiering in August, the half-hour program will feature similar comical (and often fake) takes on current events and air on NBC, which has thus far ordered four episodes.
The popular "Saturday Night Live" segment, "Weekend Update", is getting its own series for a short time this summer. They went live about an hour following Vice-Presidential nominee Mike Pence's address to the convention and the country.
Additional SNL cast members are also expected to make appearances on the spinoff.
"SNL is having its best season in a quarter of a century - how many shows can say that?! - so we didn't want them to take the summer off", said NBC Entertainment chairman Robert Greenblatt, .
Sara Connor may appeal four year sentence
The family of the slain officer, who was found dead with 42 wounds to his body, told the ABC it is now a matter for authorities. During their trials, Taylor and Connor were made to re-enact their version of the events on the beach for investigators.
ISIS-held sections of Mosul surrounded
It is three weeks since Iraqi forces launched a campaign to recapture districts west of the Tigris River that bisects Mosul.
US troops join the fight against ISIS in Syria
Office for Humanitarian Coordination, OCHA, said in a statement that 13,350 people fled to government-run areas in one day alone. Meanwhile, Rami Abdul-Rahman, the head of the Observatory monitor group, said that the major battle for Raqqa is "very close".
"Weekend Update" has been a recurring segment on "SNL" for its entire 42-year run and has set the standard for news-tilted satire now seen on Comedy Central's "The Daily Show" and its NBC sibling "Late Night With Seth Meyers", who also hosted "Update" during his run on "SNL".
Saturday Night Live has been having an unbelievable season in terms of both ratings and reception.
Spinning off "Weekend Update" over the summer is a no-brainer for the network, given that the longtime sketch series has arguably never been more relevant.
Still, the show's Live +7 ratings are up 26 percent year to year in viewers (11.02 million vs. 8.82 million in 2015-16) and up 22 percent in adults 18-49 (3.6 vs. 2.9). "SNL" has been honored twice, in 1990 and 2009, with the prestigious George Foster Peabody Award and cited as "truly a national institution".