Amazon Women On The Moon(1987)
A channel broadcasts a cheap B-grade sci-fi movie entitled "Amazon Women On The Moon". The picture keeps on breaking up, showing the condition of the print, and the station fills the broadcast with strange commercials and outrageous sketches to pass the time.
This is what looks like a teaser trailer.
This promo for a Starz! airing of the movie was originally posted to YouTube by emergo.
This is the theatrical trailer with the MCA/Universal Home Video logo at the beginning.