The rebooted series, “Saved By The Bell,” will end after two seasons following reports that Peacock has cancelled the classic nineties sitcom.

The season will end after two seasons of twenty episodes.

Developed by Emmy winner Tracey Wigfield, the rebooted series featured mostly the original cast that included Mark-Paul Gosselaar, Elizabeth Berkley, and Mario Lopez. Among the new members introduced in the reboot include Haskiri Velazquez, Mitchell Hoog, Alycia Pascual-Pena, and Josie Totah.

“Saved By The Bell” originally ran for four seasons from 1989 to 1993.

In the rebooted “Saved By The Bell” sitcom, a new batch of students from Bayside High who come from a mix of privileged and working-class backgrounds in an effort to avoid controversy from returning character Zach (Gosselaar), who is now the governor of California.

The reboot gained positive feedback and had good ratings on Peacock. However, it appears the Peacock is moving in a different direction. They have been struggling to maintain their audience and have allowed subscribers to join for free.

Similar to Apple TV's gradual rise, it may take some more time before Peacock finds content that amasses a wide audience.

The cast and crew of “Saved By The Bell” were reportedly informed about the cancellation yesterday, Deadline reported. It could not be confirmed on how far production for the third season was as of this writing. Latin Times could not verify this as well.

“We are so proud to have been the home of the next iteration of Saved by the Bell for both new and OG fans. Saved by the Bell has been a cultural mainstay for more than 30 years and the new series, led by Tracey Wigfield’s superfan enthusiasm and signature witty humor, seamlessly continued the show’s legacy, all while allowing more audiences to feel seen. We’re grateful to Tracey, Franco Bario, our partners at UTV, the beloved cast, and the fans who have continued to champion one of the most iconic shows of all time,” an official statement from a spokesperson read.

(L-R) Tracey Wigfield, Josie Totah, Franco Bario, Haskiri Velazquez, Dexter Darden, Alycia Pascual-Peña, Mitchell Hoog, John Michael Higgins, and Belmont Cameli, winners of Outstanding Comedy Series for "Saved By The Bell. (L-R) Tracey Wigfield, Josie Totah, Franco Bario, Haskiri Velazquez, Dexter Darden, Alycia Pascual-Peña, Mitchell Hoog, John Michael Higgins, and Belmont Cameli, winners of Outstanding Comedy Series for "Saved By The Bell." Getty Images | Stefanie Keenan, GLAAD