An off-screen Italian television camera crew (voice enacted by Fellini) conducts documentarian-style 'roving eye' interviews with musicians preparing for a low-budget rehearsal in a run-down auditorium (formerly converted from a 13th-century church — presently slated for demolition, apparently).
Speaking candidly and often cynically about their craft, interviewees are seen routinely interrupting one another as their artistic claims are contested or derided by orchestral peers, each self-importantly regarding his own instrument as the most vital to group performance, the most solitary in nature or spiritual in relation — these varied opinions reflecting each listener's intensely personal experience with music, one of the recurring themes of the film.
The conductor arrives (speaking Italian but with an affected German accent), proving theatrically critical of the ensuing performance quality and equally quarrelsome with trade union representatives on site, wearing down the orchestra members as he commands them to play with exceedingly particular nuances bordering on absurd abstraction, leading several musicians to strip away clothing under the strain of this taxing effort.
This increasingly anarchistic bacchanal culminates in a violent crescendo of gunshots and in-fighting, until finally an impossibly large wrecking ball — its presence going unexplained — smashes with God-like wrath through a wall of the building (at the altar of this former church), causing the death of the harpist beneath an avalanche of rubble.
As the silenced fellow musicians reflect on this tragedy in a cloud of settling dust, the conductor steps in to eulogize with a motivational speech declaring that music requires them to play through the pain of life, to find strength, identity and guidance in the fated notes of its composition.