A backstage documentary film including footage from the legendary 1985 concert performance of Stephen Sondheim's classic musical at Lincoln Center's Avery Fisher Hall. The plot of the musical centers around a reunion of showgirls who appeared in an annual Follies extravaganza when it was staged between the wars.

A wealthy woman discovers a vineyard worker with a beautiful operatic singing voice. She helps make him a star but then breaks his heart. He flees in misery to Mexico where he meets a sweet farm girl.