'Wayne's World' (1992), directed by Penelope Spheeris, is a comedy that brings to life the popular 'Saturday Night Live' sketch. Mike Myers and Dana Carvey star as Wayne Campbell and Garth Algar, two rock music enthusiasts who host a quirky public-access TV show from Wayne's basement. Their lives take a turn when a slick television producer, played by Rob Lowe, offers to buy their show, leading to a series of hilarious misadventures. The film is celebrated for its memorable catchphrases and endearing characters.