Essentially a musical comedy, the story concerns Bill and Wally Winter, two brothers who attempt to persuade their wealthy father, Sir James Winter, to finance both a stage production and a movie that they wish to make. These projects are very much the result of their infatuation with Nina Bellamy, a scheming femme fatale, who has convinced the pair that she should star in both projects. When Sir James becomes aware of Nina's hold on his sons, he makes them a proposition. He will back their projects only if they leave town and work on the shows in secret somewhere else, without telling Nina. Furthermore, they are to use only newly discovered talent. Bill visits a country town where he discovers a talented local group of performers whom he quickly signs up and takes to the city to star in his show. Meanwhile, Wally discovers a girl in a local film exchange, and together they plan to re-release an old Australian silent film with a comic commentary. Complications occur when Nina finds out about the brothers' plans and attempts to wreck their chances of success. When this fails, she tries to blackmail their father. This too fails, and she is finally exposed for who she really is.