The life of Fanny Brice, famed comedian and entertainer of the early 1900s. We see her rise to fame as a Ziegfeld girl, her subsequent career, and her personal life, particularly her relationship with Nick Arnstein.

In the fourth of the highly successful Frankie and Annette beach party movies, a motorcycle gang led by Eric Von Zipper kidnaps singing star Sugar Kane managed by Bullets, who hires sky-diving surfers Steve and Bonnie from Big Drop for a publicity stunt. With the usual gang of kids and a mermaid named Lorelei.