Fourth time's the charm for Tina Fey. (via Wikimedia)

This will be Tina Fey’s fourth time hosting “SNL” since her departure as head writer in 2006. Initially gaining popularity as co-anchor of “Weekend Update,” Fey has become one of the show’s most successful alumni.

Her previous guest appearances in which she played then-vice presidential candidate Sarah Palin are among the most popular sketches “SNL” has produced. She’ll be joined by musical guest Arcade Fire.

While she isn’t an “SNL” alum, Miley Cyrus hasn’t left the headlines in months—most recently making waves for her raunchy performance at the MTV VMAs—and is in keeping with the show’s use of former Disney stars to boost ratings.

Cyrus will be both performing and hosting during her appearance, ensuring there will be no shortage of opportunities for her to do something outrageous.

NBC has also announced host Bruce Willis and musical guest Katy Perry for the episode airing Oct. 12. Though unconfirmed by NBC, TVLine is reporting that Lady Gaga is being considered to host and perform later this year as well.

Along with reports of five new cast members, “SNL’s” first season without long-time stars Bill Hader, Jason Sudeikis, and Fred Armisen is finally starting to take shape. How the show’s audience will react has yet to be seen.

What do you think of the plan for “Saturday Night Live’s” first few episodes? Who else would you like to see host Season 39?

Reach Staff Reporter Reid Nakamura here.