Struggling Hollywood film producer Charlie Berns is on the verge of suicide when his aspiring screenwriter nephew Lionel arrives from New Jersey with a script about 19th century British statesman Benjamin Disraeli. Charlie agrees to make the film, but only when he converts the literate PBS-style script into an action adventure Middle Eastern espionage film, Ben Disraeli: Freedom Fighter. He casts power-star African AmericanBobby Mason, a recent convert to Judaism, in the title role and, after some creative wrangling with studio big-wigs and feisty project developer Deidre Hearn, whom he is instantly attracted to, he proceeds to set up production in South Africa. Charlie then lies to the studio, saying Bobby insists Deidre, who has purposely avoided Charlie, be sent to South Africa to assist on the production. She arrives, and she and Charlie eventually 'hook-up'. After Bobby is kidnapped by terrorists during the shoot, and the film is shut down, Deidre hatches a scheme to produce Lionel's original script ''. Using financing that must stay in Prague, Charlie and Deidre manage to film Lionel's original movie there, which goes on to receive seven Golden Globe nominations, making Charlie and Deidre the newest power couple producers in Hollywood.
In his review in Variety, Peter Debruge said, "The characters seem to be doing all the laughing, while the general public has nothing to cling to but the horndog flirtation between mismatched leads William H. Macy and Meg Ryan - hardly ideal ingredients for mainstream success... Elliott Gould gets laughs as the credit-hungry rabbi pulled in to consult on the film, although a few A-list celebrity cameos in the movie-star roles would have gone a long way toward completing the illusion." Although Matt Prigge of the Philadelphia Weekly felt there was "nothing remotely original" about the film, he thought it "just happens to be sprightlier than most, zipping along from one familiar but well-deployed yuk to the next and anchored by the surprisingly winning team of Macy and Meg Ryan." Michael Atkinson of the Boston Phoenix called the film a "bouncy, sharp-edged farce... target audience is, to some degree, its own cast and crew. Yet it’s difficult to resist when the purely idiotic is openly mocked by a sure-footed cast of line readers led by William H. Macy... Meg Ryan gets a somewhat thankless role... but the dialogue is fast, and of course the target is a fat, awful, patronizing goldfish in a small bowl begging to be shot."