Aspiring filmmakers Mel Funn, Marty Eggs and Dom Bell go to a financially troubled studio with an idea for a silent movie. In an effort to make the movie more marketable, they attempt to recruit a number of big name stars to appear, while the studio's creditors attempt to thwart them.
Guy is a young film executive who's willing to do whatever it takes to make it in Hollywood. He begins working for famed producer Buddy Ackerman, a domineering, manipulative, coldhearted boss. When Guy also finds out that his cynical girlfriend, Dawn, has been using sex as a career move, he reaches his limit. Guy decides to exact revenge on Buddy by kidnapping him and subjecting him to cruel and unusual punishment.
An aspiring actor in Hollywood meets an enigmatic stranger by the name of Tommy Wiseau, the meeting leads the actor down a path nobody could have predicted; creating the worst movie ever made.