WI: SNL gets cancelled in 1986

Its somewhat known that NBC was considering canning Saturday Night Live after the 1985-86 season. If NBC decided to can it, how would comedy in general be affected? Remember that 1986-94 is considered a golden age of SNL, giving us the likes of dana carvey, phil hartman, jon lovitz, chris farley, chris rock, among several others. Not to mention that this may mean no shows like In Living Color or Mr. Show.
 
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