Live' has just celebrated 50 years of comedy, but is producer Lorne Michaels ready to pass the torch to someone else?

Though many are curious when he'll enact his succession plan and what it will be, Michaels still denies he's ready to part with the comedy institution he birthed in 1975.

The book has too many good Michaels stories to count, but we picked five of the most revealing tidbits that might help you better understand the man behind the show. Michaels made his first trip to New York from Toronto in the winter of 1961 when he was 17.

John Belushi had a particularly tough time dealing with Chase’s sudden fame and began acting out in response. “Belushi devised ways of dodging Chase’s shadow,” Morrison writes. “…The network rented one limousine to ferry the host around each week.

SNL is the longest-running, most Emmy-nominated, and highest-rated weekly late-night show in television history. How has Michaels done it?

Lorne Michaels, the creator, executive producer and Grand Poobah of “SNL,” wasn’t pleased by its “mawkish righteousness,” writes Susan Morrison in her new book “Lorne: The Man Who Invented Saturday Night Live,” out now.

Susan Morrison, author of a new biography on 'Saturday Night Live'-creator Lorne Michaels, reveals management lessons from 50 years of 'SNL.'

Will Ferrell once worried that his affectionate portrayal of George W. Bush on “S.N.L.” had helped the Texan win the White House. McKinnon, the former cast member who played Hillary Clinton on the show and was a fan, said it was hard when her antipathy toward Trump collided with Michaels’s admonition to avoid preaching to the choir.

Susan Morrison's biography of the late-night comedy producer is also the history of a pop culture institution, now marking its 50th year.

At the center of all the televised festivities for the 50th anniversary of Saturday Night Live is Lorne Michaels, the dry-humored Canadian who, when Johnny Carson stopped airing reruns of The Tonight Show on Saturday nights (he wanted to run them during the week, in order to take time off), created a live sketch comedy show to fill that 11:30 spot.

The Man Who Invented Saturday Night Live,' Susan Morrison goes behind the scenes of a tense meeting just days before the 2006 upfronts.

Lorne Michaels has helmed “Saturday Night Live,” launching the careers of multiple comedy stars.