VIDEO: Tina Fey Reprises Role of Sarah Palin, and More on SATURDAY NIGHT LIVE

On last night's Saturday Night Live, Ronda Rousey hosted for the first time alongside musical guest Selena Gomez. The highlight of the night was Tina Fey's return to the show, reprising her famed portrayal of Sarah Palin in a sketch parodying Palin's endorsement of Donald Trump. Other sketches include Palin Endorsement Cold Open, Ronda Rousey Monologue, Screen Guild Awards, Love Struck and Bland Man. Watch the full episode below!

"Saturday Night Live," NBC's Emmy Award-winning late-night comedy showcase, enters its 41st season in October for another year of laughs, surprises and great performances.

Since its inception in 1975, "SNL" has launched the careers of many of the brightest comedy performers of their generation. As The New York Times noted on the occasion of the show's Emmy-winning 25th Anniversary special in 1999, "in DEFIANCE of both time and show business convention, 'SNL' is still the most pervasive influence on THE ART OF comedy in contemporary culture." At the close of the century, "Saturday Night Live" placed seventh on Entertainment Weekly's list of the Top 100 Entertainers of the past 50 years.

The program has won 45 Emmy Awards, the most for any show in television history. "SNL" also holds the title for the most nominated television show in Emmy history with 202 nominations. "SNL" has been honored twice, in 1990 and 2009, with the prestigious George Foster Peabody Award and cited as "truly a national institution." "Saturday Night Live" was inducted into the Broadcasting Hall of Fame by the National Association of Broadcasters, and the show continues to garner the highest ratings of any late-night television program, entertaining millions each week.

"SNL" is making headlines and influencing the political dialogue while skewering it at the same time. Beyond politics, the show's cast of recurring characters and its take on pop culture targets remain spot-on. The addition of the show's Emmy Award-winning SNL Digital Shorts continues to keep the show as current today as it was when it debuted.

"Saturday Night Live," which premiered October 11, 1975, is broadcast live from NBC's famed Studio 8H in New York City's Rockefeller Center. The program is a production of Broadway Video in association with SNL Studios. Lorne Michaels is the executive producer.