“Weekend Update,” that “Saturday Night Live” mainstay, gets a special summer, prime-time run starting Thursday, Aug. 10, at 9 p.m. on NBC/4. Over the 42-season history of “SNL,” many ...

SATURDAY NIGHT LIVE — Episode 22 — Air Date 05/29/1976 — Pictured: (l-r) Chevy Chase, Gilda Radner as Emily Litella during “Weekend Update” on May 29, 1976.

Chevy Chase discusses his year on 'Saturday Night Live's first season and his catch phrase, "I'm Chevy Chase and you're not" which he based on a real local news anchor.

Chase conceived the satiric news segment back in 1975 with fellow SNL writer Herb Sargent and served as its first anchor. Hosting “Weekend Update” solo, Chevy introduced himself with the ...

Chevy Chase once bashed Bill Murray’s physical appearance and the two nearly got into an altercation at “SNL.” ...

Chevy Chase was the first anchor of Weekend Update, the news segment that has been a fixture on “Saturday Night Live” for most of its 50 seasons. NBC Universal/Getty Images ...

In 1975, Chase was the first host of Weekend Update, which helped him earn two Primetime Emmy awards in 1976. Soon after, he shocked fans when he left early in SNL ’s second season.

The first ever Weekend Update anchor, Chase created the sketch with “SNL” writers Al Franken and Herb Sargent. He helmed the segment during SNL’s inaugural 1975 season and part of season 2.