Film student and aspiring writer/director Nick Chapman, an Ohio native, finds himself the winner of a prestigious student film contest in LA. Overnight, Hollywood VIPs want to make deals with Nick. He settles on a quirky agent (Martin Short) to represent him and signs a deal with a major film studio to make his dream movie.
Nick finds the Hollywood studio “process” distasteful and is forced to make many creative compromises like adding a pop music soundtrack and aging down the middle-aged characters to college age. He strikes a deal and uses his newfound money and fame to lease a flashy sportscar and make new Hollywood friends. Nick blows off a lunch meeting with his film school friend Emmet (Michael McKean) and distances himself from his girlfriend, Susan (Emily Longstreth).
A new studio head cancels his film project and Nick is left in the lurch. Unable to strike any new film deals, college-educated Nick is reduced to unskilled positions like moving man, telemarketer, and message delivery man. His life is re-enacted in film parts.
Nick reunites with arty film school classmate Lydia (Jennifer Jason Leigh) and meets her next-door neighbors, an aspiring rock band in search of a director for their music video. Nick volunteers to shoot the video and it finds unexpected success on the charts. Nick’s agent is flooded with interested calls as studio heads send movie and TV scripts for him. A humbled and repentant Nick reunites with Susan. He begins shooting his film as intended, in a winter cabin with middle-aged actors, with Emmet, Susan, and his parents at his side.
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