"Saturday Night Live" reportedly suffered its biggest ratings slide ever, with the lowest audience for a season premiere episode in the show's 47-year history.

The kickoff to the NBC sketch comedy show's new season on Saturday — featuring guest host Owen Wilson and musical guest Kacey Musgraves — drew 4.9 million total viewers, according to Nielsen data cited in multiple reports.

The ratings show a nearly 50 percent drop from the 8.2 million who watched last year's season opener that debuted just weeks ahead of the presidential election.

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While the decline reportedly has the distinction of being the lowest rated season premiere for "SNL" in total viewers, it was not the lowest rated episode ever for the show.

Saturday also marked the first time that the late-night series was live streamed on Peacock.

"Saturday Night Live" saw a ratings boost in recent years following the 2016 White House race, as the show regularly lampooned President TrumpDonald TrumpKinzinger welcomes baby boy Tennessee lawmaker presents self-defense bill in 'honor' of Kyle Rittenhouse Five things to know about the New York AG's pursuit of Trump MORE and GOP lawmakers. Alec Baldwin won an Emmy Award in 2017 for his role as Trump on the show.