Newlyweds Bret (Tom Brown) and Margie (Nan Grey) both aspire to show-biz careers: he wants to be a songwriter, while she is desirous of becoming a radio scripter. Inevitably, Bret and Margie quarrel and break up, only to be reunited by their efforts to snag "banana king" Gomez (Mischa Auer) for a lucrative radio contract. The old 1920s tune "Margie" is heard throughout the proceedings, frequently fitted out with ludicrous new lyrics ("Bananas! We're Always Thikin' of Bananas!" etc.) by a zany songwriting team (Eddie Quillan and Wally Vernon).