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This is really only to prevent them from suing and claiming that the show is representing the actions of celebrities on the show as true fact. If I publish a newspaper article saying “Donald Trump strangled a baby” without evidence then that could be actionable, as it’s a factual claim. But if I showed Donald Trump strangling babies as part of an obvious parody, then that would be protected speech. So their disclaimer is basically just to make it obvious that it’s a parody. It’s not a requirement, but they want to cover their asses.
This is really only to prevent them from suing and claiming that the show is representing the actions of celebrities on the show as true fact. If I publish a newspaper article saying “Donald Trump strangled a baby” without evidence then that could be actionable, as it’s a factual claim. But if I showed Donald Trump strangling babies as part of an obvious parody, then that would be protected speech. So their disclaimer is basically just to make it obvious that it’s a parody. It’s not a requirement, but they want to cover their asses.