Two con men convince a king that they have woven for him a suit made of magical cloth that only stupid or incompetent people are unable to see. Not wanting to seem dull, everyone pretends to admire the king's new clothes although he is completely naked.

June Allyson is a cashier in a dance hall and her friend Imogene Coca wants to get a job there as a dance hostess. June advises her she needs to first make herself attractive to men,and gives her a book on the subject. But Imogene, by mistake, picks up the wrong book and reads one on the art of jiu-jitsu. Imogene's first customer is a bashful sailor who gets turned every which way but loose. Hank Henry also appears as a sailor. All four performers had better things ahead of them although,in the case of comedian Hank Henry, not by much.

Freddie the Freeloader sets out to have Xmas dinner in a very expensive New York restaurant with his good friend, the Professor. Along the way he stops in a hospital to entertain some children on Xmas. Red Skelton does a couple of songs on his own & a duet with Vincent Price.

Your Show of Shows was a live 90-minute variety show that was broadcast weekly in the United States on NBC, from February 25, 1950, until June 5, 1954, featuring Sid Caesar and Imogene Coca. Other featured performers were Carl Reiner, Howard Morris, Bill Hayes, Judy Johnson, The Hamilton Trio and the soprano Marguerite Piazza. José Ferrer made several guest appearances on the series. The series was telecast from the now-demolished International Theatre at 5 Columbus Circle and the Century Theater, now demolished, in New York. During 2002, Your Show of Shows was ranked #30 on TV Guide's 50 Greatest TV Shows of All Time.

An ambitious filmmaker sets out to make an avant-garde film but soon learns the only way he can secure financing is if he shows Jessica Hahn's breasts. Also, two old women are magically transformed into young starlets.