The host for the episode is Bernadette Peters, and the musical guests are The Go-Go's and Billy Joel (his second appearance). The skits for this episode are as follows: The Texxon Corporation reassures customers that for them 'Life is Second Only to Money'. After the success of Escape From New York, more films start featuring people fighting to get out of the city. Tim has further issues in his marriage with Madge the Chimpanzee. Eddie Murphy has a message for SNL viewers. The cast try to carry on with a skit after the lighting fails, but they are interrupted by a network censor who complains that everything sounds dirty now that the audience can't see what's really going on. Additional skits include Johnny Keep Your Gun Clean, Hidden Photo, Bedtime Story, Man Ray & Mic, 42nd Street, Nick the Knock and Rock & Roll Heaven, Inc. The Go-Go's perform "Our Lips Are Sealed" and "We Got the Beat". Bernadette Peters performs "Making Love Alone". Billy Joel performs "Miami 2017" and "She's Got a Way".
—Jean-Marc Rocher <rocher@fiberbit.net>