You have to admire Fox’s balls. Seven years after the cancellation of MADtv, the network is coming back into the late-night sketch comedy game with a new series called Party Over Here. Not only will it take on a similar format to that of Saturday Night Live, but it will also air on Saturdays and involve SNL veterans Andy Samberg, Akiva Schaffer, and Jorma Taccone, better known as "The Lonely Island" trio.

According to a press release, Party Over Here will air as a half-hour sketch comedy series starting with its first episode on Saturday, March 12th at 11:00 p.m. EST. Featuring performers Nicole Byer (Girl Code), Jessica McKenna (Riot), and Alison Rich (Resident Advisors), the project is described as follows:

Skewering everything from pop culture to politics, PARTY OVER HERE will feature sketch comedy shorts, along with in-studio segments filmed in front of a live audience at the Alexandria Hotel in downtown Los Angeles.

Samberg, Schaffer, and Taccone, who famously developed those SNL Digital Shorts, will executive produce Party Over Here with Paul Scheer (The League), who will also direct some of the episodes. In a statement from The Lonely Island, the series was first conceived as a spinoff of Empire:

“We failed miserably…now it’s much more of a sketch comedy show.”

David Madden of Fox remarked how “wildly competitive” the late-night landscape is, saying, “We thought long and hard about the kind of audacious, attention-getting voices we needed.”

Can Party Over Here stand up against the juggernaut that is SNL? As Scheer joked,

In an age where most millennials don’t even know what a TV is, we are really excited to be getting into the TV business.

Aside from MADtv, Fox also had In Living Color in years past that featured the Wayans Brothers and stars like Jim Carrey and Jamie Foxx. That too was eventually dropped from the network’s slate, which isn’t exactly a good track record. For better or worse, Party Over Here will surely be one interesting project to watch.