Ray Parker JR produced "Ghostbusters" in 1984. "Ghostbusters" peaked at No. 1 for three weeks on Billboard's Hot 100 chart, and at No. 1 for two weeks on its Black Singles chart. The song was also nominated for an Academy Award for Best Original Song in 1984, but lost to Stevie Wonder's "I Just Called to Say I Love You" from The Woman in Red. Parker's song secured him a 1984 Grammy Award for Best Pop Instrumental Performance.

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