Former President TrumpDonald TrumpWhat blue wave? A close look at Texas today tells of a different story Democrats go down to the wire with Manchin Trump's former bodyguard investigated in NY prosectors' probe: report MORE is railing against the Academy Awards, mocking the annual Hollywood gala's record-low TV ratings and slamming the ceremony as too "politically correct and boring."

ABC's ratings for Sunday's 93rd annual Oscars, held amid the coronavirus pandemic in Los Angeles, were reportedly the lowest on record, dropping 58.3 percent over last year.

"What used to be called The Academy Awards, and now is called the 'Oscars' — a far less important and elegant name — had the lowest Television Ratings in recorded history, even much lower than last year, which set another record low," Trump said in a Tuesday statement released through his Save America PAC.

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"If they keep with the current ridiculous formula, it will only get worse — if that’s possible," he added.

"Go back 15 years, look at the formula they then used, change the name back to THE ACADEMY AWARDS, don’t be so politically correct and boring, and do it right," the 45th president said.

While the event has long been referred to as the Oscars, the ceremony's producers said they were "rebranding" it using the less formal name in 2013. "We're not calling it 'the 85th annual Academy Awards,' which keeps it mired somewhat in a musty way," show co-producer Neil Meron told The Wrap at the time.

Trump advised Tuesday that the awards show should "bring back a great host." The event has been without a host for the past three years.

Awards producer and "Contagion" director Steven Soderbergh had told Vanity Fair earlier this month that organizers hadn't "even used the word 'host' " this year because they were "calling it our 'ensemble,' because there's a sort of overarching structure to the evening that they all participate in."

"So it’s just that word, the H word, just really doesn’t apply to what we’re doing," Soderbergh said.

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It's not the first time that Trump has slammed Hollywood's biggest night. The then-commander in chief tweeted in 2018 about the declining audience for the show, writing, "Lowest rated Oscars in HISTORY."

In 2019, Trump said the awards were "on hard times" because audiences "got tired of people getting up and making fools of themselves … and disrespecting the people in this room and the people that won the election in 2016."

Awards show viewership across the board has cratered over the years. Trump has cited without evidence left-leaning performers getting political onstage at awards shows and being critical of him as the reason viewers were tuning out.

"These television people spend all their time thinking about how to promote the Democrat Party, which is destroying our Country, and cancel Conservatives and Republicans," he said. "That formula certainly hasn’t worked very well for The Academy!"

Plenty of performers have made headlines in recent years for bashing Trump at awards shows. In 2018, Robert De Niro famously denounced the president in expletive-filled remarks at the Tony Awards. Meryl Streep slammed then-President-elect Trump as a "bully" at the 2017 Golden Globes.