Told in flashback form, the film traces the rise and fall of a tough, ambitious Hollywood producer, Jonathan Shields, as seen through the eyes of various acquaintances, including a writer, James Lee Bartlow; a star, Georgia Lorrison; and a director, Fred Amiel. He is a hard-driving, ambitious man who ruthlessly uses everyone on the way to becoming one of Hollywood's top movie makers.
Abigail Chandler has written her stuffy Boston relatives that she's a successful opera singer in New York. In reality, she works at a burlesque house and is billed as High-C Susie. When her sister Martha comes for a visit, Abigail tries to hide the truth from her.
