It was a follow-up of sorts to the successful The Broadway Melody, which had been released in 1929, although, there is no story connection with the earlier film beyond the title and some music.

Irene Foster (Eleanor Powell) tries to convince her high school sweetheart, Broadway producer Robert Gordon (Robert Taylor), to give her a chance to star in his new musical, but he is too busy with the rich widow (June Knight) backing his show.

Things become complicated when she begins impersonating a French dancer, who was actually the invention of a gossip columnist (Jack Benny, parodying Walter Winchell).

Though she was dubbed in this film by Marjorie Lane, Eleanor recorded "You Are My Lucky Star" with Tommy Dorsey and His Orchestra (Victor 25158).

[citation needed] The film was nominated for three Oscars at the 8th Academy Awards: Best Picture, Best Writing (Original Story), and Best Dance Direction, winning the last one.