Live from New York, it’s Ariana Grande and Iggy Azalea! The two singers are reportedly set to open the new season of ‘Saturday Night Live’ with a performance together, HollywoodLife.com EXCLUSIVELY reveals.

Ariana Grande and Iggy Azalea have topped the summer charts, and there’s no stopping them, as fall comes around — the ladies are teaming up to perform on the September 27 Saturday Night Live Season 40 premiere!

Ariana Grande & Iggy Azalea Performing On ‘Saturday Night Live’ Premiere

Ariana and Iggy are performing together on the Season 40 premiere of Saturday Night Live, HollywoodLife.com EXCLUSIVELY reports.

The “Problem” singers are set to take the stage, as musical guests on September 27 when the show returns with brand new episodes.

“The premiere is currently geared for Iggy Azalea,” an insider tells us exclusively.

Another source confirms Ariana, who is not hosting the episode, is also set to be the musical guest on the very same episode — sounds like we’ve got an amazing “Problem” on our hands!

Ariana, 20, has lined up major national gigs lately. The “Break Free” star sang the National Anthem at the NFL kickoff and performed at the A-list Stand Up To Cancertelethon. Iggy, 24, is on a roll with her upcoming “Booty” single with Jennifer Lopez and wildly successful collaboration with Rita Ora.

‘Saturday Night Live': Chris Brown & More Musical Guests On Season 40

Ariana and Iggy will be in good company this upcoming season.

Chris Brown is in talks to perform on Saturday Night Live by October to promote his upcoming album “X,” we exclusively revealed. Our source tells us that he is not being tapped to host.

Taylor Swift is also “almost guaranteed a spot on SNL this season as a host and musical guest,” HollywoodLife.com exclusively reported, as she’ll be making the rounds with the release of “1989.”

HollywoodLife.com has reached out to NBC for comment on the rumored premiere performance.

HollywoodLifers,

Are you excited that Iggy and Ariana are teaming up for the SNL premiere?