Boojie Baker (Dan Conway) is a ruthless and greedy talent manager who "discovers" and then exploits unknown rock bands. The film opens in a nightclub with one of Boojie Baker's protÃ©gÃ© acts, a band named Charlie, who have clearly been put through the grind already. They begin griping about the royalties they've been fleeced out of, and then walk out on him.
Undaunted, Boojie and his loyal but dim-witted assistant Gordy (Ray Sager) walk into a local bar for some cheap drinks and they discover a new band performing, played by real-life Chicago garage rock band The Faded Blue. Promising them a recording contract and ensuing fame, Boojie renames the five-man group "The Big Blast", outfits them in designer suits and sets about to prime them for stardom. This is done by utilizing a bevy of attractive and loose women to seduce a recording engineer, photographing him in the heat of the moment and then blackmailing him into letting The Big Blast cut a single. The group cuts their big hit, and Boojie presumably uses similar tactics to promote the record and garner airplay. However, as the band's popularity grows, it doesn't take long before they begin to wonder why they aren't receiving any money for their labors.
A little later, the Big Blast confronts Boojie in his office and accuse him of swindling them out of their hard-earned money for their record sales and demand that he pay them up front for their work from now on. Being a hard line negotiator, Boojie refuses to budge in that respect, and welcomes the boys to seek fame in fortune in other avenues. To show there are no hard feelings, he even invites them to a party at his apartment. It turns out that this party, replete with liquor, women and marijuana is a setup, and a "police detective" shows up to raid it. Coincidentally, this is before Boojie arrives, and when he does, it seems that he also has some pull in the "police department". As it happens, he is able to bail the boys out of this serious legal jam; if they agree to sign new contracts which expands Boojie's hold on them to five years, and Boojie would now be receiving over 80% of their profits. One by one, each of the five members concedes to Boojie's demands. Incidentally, after they leave, the "detective" hits up Boojie for some of the grass.
Back in the studio, the group begins to unravel, internal bickering starts to swell and they just can't seem to cut their follow-up hit. In the climax, the group decides instead to bring down Boojie at the expense of their own fame and fortune by sabotaging a television appearance Boojie has lined up by showing up drunk and singing a thinly-disguised musical flipping-of-the-bird to him. Having humiliated Boojie, the group then rips up Boojie's contract to them. Angry and defeated, Boojie and Gordy storm out of the studio, presumably to go look for another rock and roll band to manage and manipulate thus starting the cycle all over again. "Oh well, that's show business", one band member says.
Who leaves the studio to find another rock and roll band?
Boojie and Gordy