Bill Maher’s CrazyStupidPolitics: Live from Silicon Valley is streaming live on Yahoo! Thursday night at 7:30 PM PST / 10:30 PM EST from the San Performing Arts Center. The online exclusive comedy special kicks off the Yahoo! Screen Comedy Channel and marks Maher’s first live new media broadcast.

Best known for his HBO show Real Time, Maher’s comedy and political insight have gotten him 27 Emmy nominations, granting him the  honor of receiving the most Emmy nominations without a single win. (For those keeping score at home, that means Bill Maher’s been able to out Susan Lucci Susan Lucci, who finally won after 19 Emmy nods.) While that may seem harsh, Maher isn’t taking the constant snubbing too hard.

I’ve been nominated for my shows every year they’ve been eligible since 1995. That’s like 15 straight times Real Time and, before that, Politically Incorrect beat out dozens and dozens of other shows for that recognition,” Maher said during an interview with Deadline Hollywood last year (before his 27th nomination). “So that in itself is an annual victory.”

Snagging Maher as the kickoff of the Yahoo! Comedy Channel is a huge win for Yahoo!

“Bill Maher’s special is a groundbreaking event, not only for Yahoo and Bill but for the Internet as the first-ever, live, free broadcast online,” said Erin McPherson, VP & Head of Video Programming and Originals at Yahoo last December. “We are focusing on fresh, original voices like Bill and our other original programs with the Yahoo! Comedy Channel to continue to provide our consumers and advertisers with the best premium content on the Web.”

Other content appearing on the Yahoo! Comedy Channel includes First Dates with Toby Harris from Funny or Die, 7 Minutes in Heaven from Broadway Video, Sketchy from Principato-Young & Electus, and HACKERAZZI from director David Morgasen (you probably know him from the Obama and McCain – Dance Off viral video).

It’ll be interesting to see how the Yahoo! Comedy Channel plays out, but it will definitely start with an entertaining, insightful event. If you’re free at 7:30 PM PST / 10:30 PM EST, check out CrazyStupidPolitics: Live from Silicon Valley here.