The soap tracked the doings and undoings of the two close friends, Myrtle Spear (Myrtle Vail) and Marge Minter (Donna Damerel, later Helen Mack) with some of the usual soap opera twists (kidnappings, organized crime, murder) and injected a degree of comedy into a genre not usually known at the time for wit.

Thirty actors and musicians take part in most of the presentations, and no member of the cast plays a double role.

In 1933, Vail was seriously injured in an automobile accident, forcing her to turn the show's writing over to a colleague named Charles Thomas.

In the film, Myrt Spear's touring vaudeville revue is full of talent and bound for Broadway, but low on funds.

Ted Healy, Moe, Larry and Curly are stagehands with hopes to join the show, and deal with the antics of backstage crasher Bonnie Bonnell.