A mysterious phantom, who inhabits the depths of a TV studio, creates murder and mayhem to seize a beautiful soap opera heroine, for whom he has an obsessive love! Laid-back police detective Digby Wright does little to allay the fears of the troupers, somewhat of a shaky group to begin with! There's Daphne Davis, a haughty actress whose career is moving fast --downhill; Quentin Harris, a former football hero who drops the ball when it comes to his lines; Lily Ponds, a scatterbrained secretary who can't remember the director's name; Addison Meriwether, the uptight director; Emily Parrish, a long-suffering writer, and others. When Regina Brooks, the lovely heroine of the soap, is snatched away during a rehearsal right before Wright's eyes, all faith in police procedure disappears. Wright engineers a scheme, a masquerade ball, and invites the Phantom. A costume switch almost allows the Phantom to escape again, but in the end he is caught and unmasked...and, of course, the show must go on!