After a string of incompatible dorm mates, Finn – an unapologetic, collegiate underachiever and extreme party boy – hopes that a new year is going to bring some better luck. But 15-year-old, nerdy, brainiac Toby isn't exactly who he had in mind. After an extremely rough start, the two overcome their differences and team up to exact revenge on campus jock, Landon, and his posse of goons, who think they rule the school.

Fed up with all the attention going to Bugs Bunny, Daffy Duck quits Hollywood, teams up with recently-fired stuntman Damien Drake Jr. and embarks on a round-the-world adventure, along with Bugs and The VP of Warner Bros. Their mission? Find Damien's father, and the missing blue diamond... and stay one step ahead of The Acme Corp., who wants the diamond for their own purposes.