Alongside his impertinent puppet, ventriloquist Jeff Panacloc celebrates Christmas with humour, surrounded by personalities from music, cinema and TV hosts.
The owner of a bank (Miss Bitterman) wants to own the Muppet Theatre so she can build a nightclub over it. After she tricks Pepe into giving her the only copy of the contract between her father and the Muppets, she changes it so the Muppets have very little time to pay a debt they owe. Meanwhile, the Muppets are trying to put on a Christmas show. After the Muppets are confronted by Bitterman, they make a lot of sacrifices to save up so they can keep the Theatre.
Howard Langston, a salesman for a mattress company, is constantly kept busy at his job, disappointing his son. After he misses his son's karate exposition, Howard vows to make it up to him by buying an action figure of his son's favorite television hero for Christmas. Unfortunately for Howard, it is Christmas Eve, and every store is sold out of Turbo Man. Now, Howard must travel all over town and compete with everybody else to find a Turbo Man action figure.
When Brian Conway, a successful businessman whose family relationships have suffered, gets in a car accident on Christmas Eve, Santa gives him twelve chances to redo the day and repair the relationships in his life, including with his daughter Michelle.
A father and son must team up to save Christmas when they discover Santa Claus sleeping in their garage, having crashed his sleigh and found himself on the run from the police.
It's an unforgettable Christmas for the townsfolk of Wellington-on-Sea when the worst snowstorm in history alters everyone's plans — including Santa's.