'Rainbow Girls' has just opened and closed on Broadway when Dixie, a actress in it, runs into smooth talking Hollywood Director Frank Buelow. He tells her she would be a natural, promises her a movie contract, and so she goes to Hollywood, but there is no contract for her. She meets Donny, a washed-up veteran actress (Blanche Sweet), on the lot who becomes her friend. Frank is fired from his studio and the new director finds that Frank's storyline is actually a copy of 'Rainbow Girls' stage play from Broadway. They call Jimmy, the author and Dixie's boyfriend, for the rights and he goes to Hollywood to produce it as a movie. Dixie gets the lead. But things start going wrong when Dizzy Dixie, spurred on by the fired Director Buelow, thinks that she is better than the picture or the studio and starts making demands. Interesting note: Good look at early Hollywood, with cameos by Loretta Young, Walter Pigeon, Noah Beery and a young Noah Beery, Jr. make the film fun to watch