To get the most out of their rights to use the Ghostbusters brand, Ralston introduced three cereals over the course of a few years: Ghost Busters, The Real Ghost Busters and Slimer! And The Real Ghostbusters. All three cereals appear to have been the same cereal repackaged.
When this cereal - the first of the three - first hit shelves, an ad with the following song hit television:
There's a new cereal in the neighborhood
with O's and ghosts
(Tastes real good... Ghostbusters!)
Marshmallow ghosts... fruit flavored O's
Ghostbusters taste great with milk and juice and toast
(a nutritious breakfast with the ghost... Ghostbusters!)
What you gonna crunch? (Ghostbusters!)
The following text is from the Ghostbusters cereal box and coupons for the cereal:
In 1989, Ralston introduced Ghostbusters II cereal as a tie-in with the release of the filmGhostbusters II. Once again, the actual cereal appeared to be the same.