Justin Timberlake in "Saturday Night Live"

Yahoo has snagged exclusive rights to the entire 38-year clip library of “Saturday Night Live” from Broadway Video, the company announced in a blog post Wednesday.

Those archives will move from their current home on Hulu and NBC.com in September to Yahoo, which made the unexpected deal days ahead of its April 29th NewFront, where it will likely emphasize its growth as an online source for comedy programming.

Securing “SNL” should work well as a complement to Yahoo’s comedy holdings, which include dating-show satire “Burning Love.”

With its skit-based format, “SNL” translates well to digital platforms, which are more conducive to short-form “snacking” in terms of consumption habits. And given the sheer depth of that library, it’s not a small loss for either Hulu or NBC.com though it is only a one-year deal.

However, full-length episodes from the “SNL” archives will remain on Hulu’s subscription arm, Hulu Plus, as well as Netflix.

Financial terms of the deal were not disclosed.

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