The World of the Psychic (also known as World of the Psychic and World of the Psychic with Dr. Peter Venkman) was a TV show Peter Venkman hosted in 1989 just before the Ghostbusters went back into business.
"World of the Psychic" was filmed at the WKRR-TV Studio and could be watched on channel 10.  The show garnered an ill reputation among psychics because they believed Peter was a fraud. As a result, at least once, they had difficulty securing guests.
In late 1989, one of the last, if not last, episodes was supposed to feature a telekinetic who could bend spoons but he cancelled and Norman the producer had to find new guests on very short notice. The episode was edited to have a theme about the end of the world. Peter talked to Milton Angland and Elaine. Milton shared a strong psychic belief the world would end at the stroke of midnight on New Year's Eve while Elaine was told by an alien, it would end on February 14, 2016. Peter humored Elaine and noted most of the time, aliens couldn't be trusted. Before signing off, Peter hinted the next episode would be about hairless pets and held a hairless cat. Peter then did his signature goodbye, putting a finger to his temple and pretending to send out a thought to his viewers.
It is unknown if the show continued on after the Ghostbusters was started up again.
In late 1984, after the Gozer incident, Peter met with his agent about a career in television. After filming 33 episodes of The World of the Psychic, Peter had enough of nutcases and bodily fluids. The last straw was when Ira urinated on his pants during a commercial break. The three-stain clause in his contract was fulfilled and Peter quit.  It also didn't help that the coffee on set tasted like hot garbage. 
- Known Episodes
- In the Ghostbusters II August 5, 1988 draft, page 6, the World of the Psychic is filmed at the Manhattan Cable Building. 
- In the Ghostbusters II August 5, 1988 draft, the Ghostbusters and Mayor deliver a special message to the people of New York City from the set of The World of the Psychic. 
- The interior of Ray's Occult Books was on Stage 15 next to the World of the Psychic set at Burbank Studios.
- Rudy the Museum Guard, of the Manhattan Museum of Art, said "World of the Psychic" was one of his favorites along with "Bassmasters."
- On page 14 panel 3 of Ghostbusters: Get Real Issue #3, Peter has his World of the Psychic mug.
- On page 41 of Ghostbusters Annual 2015, the episode seen in Ghostbusters II is revealed to be the 32nd and penultimate one in the IDW canon.
- Panel 3 is a recreation of the scene in Ghostbusters II Chapter 2 "World of the Psychic" when Peter comments on Elaine's Valentine's Day 2016 prediction.
- On page 1 of Ghostbusters International #8, in panel 3, Peter has a black "The World of the Psychic" coffee mug.
- On page 4 of Transformers/Ghostbusters Issue #3, Peter has his mug from The World of the Psychic.
- On page 20 of Ghostbusters Year One Issue #3, Peter mentions he's got a meeting to talk to his agent about TV, a nod to and foreshadowing The World of the Psychic.
- IDW Comics
- Ongoing Series
- Volume 1
- Volume 2
- Ghostbusters Annual 2015
- "World of the Psychic"
- Ongoing Series
- Peter Venkman (1999). Ghostbusters II, Chapter 2: "World of the Psychic" (1989) (DVD ts. 07:52-07:54). Columbia Pictures. Peter Venkman says: "Hi, welcome back to World of the Psychic."
- Spook Central 2/27/1989 draft
- Peter Venkman (2020). IDW Comics- "Ghostbusters Year One Issue #3" (2020) (Comic p.20). Peter Venkman says: "I'll bet you do, but I have a meeting with my agent, we're talking TV. The Tonight Show could use a man of my talents, don't ya think?"
- Peter Venkman (2015). IDW Comics- "Ghostbusters Annual 2015" (2015) (Comic p.42). Peter Venkman says: "With a three-stain clause, Tommy Boy."
- Peter Venkman (2015). IDW Comics- "Ghostbusters Annual 2015" (2015) (Comic p.42). Peter Venkman says: "Looking back, more than anything, it was that the coffee on set tasted like hot garbage."
- Aykroyd, Dan & Ramis, Harold (1988). Ghostbusters II (August 5, 1988 Draft) (Script p. 6). Paragraph reads: "Int. Manhattan Cable Building - Later."
- Aykroyd, Dan & Ramis, Harold (1988). Ghostbusters II (August 5, 1988 Draft) (Script p. 86). Announcer says: "We interrupt the "NBC Nightly News" to bring you a special edition of "World of the Psychic with Dr. Peter Venkman.""
- Wallace, Daniel (2015). Ghostbusters The Ultimate Visual History, p. 151. Insight Editions, San Rafael CA USA, ISBN 9781608875108. Line reads: "The interior of Ray's Occult Books came to life on Stage 15, right next to the World of the Psychic set."