Trama

A disfigured composer sells his soul for the woman he loves so that she will perform his music. However, an evil record tycoon betrays him and steals his music to open his rock palace, The Paradise.

Evil record tycoon Swan has sold his soul to the devil for eternal youth and success - 20 years ago. Swan's current scheme is to steal a rock cantata from composer Winslow Leach to celebrate the opening of his rock palace, The Paradise. While trying to stop Swan, Leach was framed and convicted for drug dealing, and becomes the victim of a freak accident that leaves him horribly disfigured. He takes refuge in the cavernous Paradise, hiding his mangled face beneath an eerie mask and planning gruesome vengeance upon Swan - and everyone else who has harmed him. However, Leach signs a contract with Swan to complete his rock opera based on the legend of Faust for an aspiring singer - Phoenix.—Max Davison

Rock opera version of "The Phantom of the Opera" with elements of "The Picture of Dorian Gray" and the legend of Faust. Evil record producer Swan steals both the singer (Phoenix) and a rock cantata from composer Winslow Leach. With a mutilated face covered by a silver owl-like mask, he searches for other ways to have his revenge. However, Leach signs a contract with Swan to complete his rock opera based on the life of Faust only for Phoenix. Betrayed by Swan, who hires glam-rock singer Beef as the lead singer of this rock opera, Leach exacts his vengeance. However, Leach discovers the dark secret of his contract: Swan has sold his soul to the devil for eternal youth and success - 20 years ago.—R. Kessen <[email protected]>

Winslow Leach (William Finley) is an up-and-coming songwriter and composer who is seen by satanic record producer Swan (Paul Williams) during his performance as a back-up act to the nostalgia band The Juicy Fruits, whom Swan produces. Swan is deeply moved by Winslow's song and deemed Winslow's music as the perfect music to open "The Paradise", Swan's highly anticipated new concert hall. Swan sends his loyal right-hand man Arnold Philbin (George Memmoli) to steal Winslow's music and claim this as his own. One month later, when Winslow arrives at Swan's Death Records headquarters to follow up about his music, he is thrown out.

Winslow sneaks into Swan's private mansion, "The Swanage", to find out what's going on, he observes several women all rehearsing his music for an audition. One of them is an aspiring singer, Phoenix (Jessica Harper), whom Winslow deems perfect for his music and the two quickly fall for each other. Winslow is told of Swan's plan to open the Paradise with Winslow's music. When Winslow sneaks in once more, Swan orders he be thrown out again and for his minions to beat up Winslow and frame him for drug dealing. Winslow is given a life sentence (from more of Swan's manipulation of the legal system) and is sent to Sing Sing Prison. Winslow's teeth are extracted and now replaced with shiny metal ones as part of an experimental prisoner program funded by the Swan Foundation.

Six months later, Winslow hears on the radio, while assembling tiddlywinks games in the prison rehab center, that The Juicy Fruits, whom he hates, have made an anticipated hit record of his music with Swan's backing. Winslow goes berserk, punches out a guard and escapes from prison in a delivery box driven off prison property. He breaks into the Death Records building and tears the place up. He then breaks into Swan's record factory where he sets out to destroy a record press. When a guard catches him fiddling with the record press, Winslow slips and the record press catches his sleeve, tumbling him head first into the record press which crushes and burns his face and destroys his vocal cords. Bleeding profusely and with his face now severely mutilated, a disoriented Winslow makes his way to the edge of the East River and tumbles into the water. The newspaper reports the details of the night and that his body was not recovered.

Sneaking into the Paradise, Winslow makes his way into the costume department where he dons a black leather costume, a long black cape (though he also wears a red one later in the movie) and a silver owl-like mask to cover his now deformed face, becoming the Phantom of the Paradise so he can terrorize Swan and his musicians. In a musical split-screen sequence, Winslow plants a time bomb on a prop convertible during a musical act and nearly kills The Beach Bums (formerly The Juicy Fruits, who have traded doo-wop for surf music). Seeing the Phantom on a security camera, Swan realizes there is an intruder about.

The Phantom confronts Swan, who recognizes him as Winslow and offers the composer the chance to have his music produced his way. Auditions are held and the Phantom selects Phoenix for the lead. Later, in a secluded recording studio in the basement of the building, Swan provides the Phantom with an electronic voice-box, enabling him to speak and sing (with the voice of Paul Williams). Swan orders the Phantom to stop terrorizing the Paradise and rewrite his cantata for Phoenix. The Phantom reluctantly agrees on the condition that Phoenix is the lead singer and that Swan plays "what I write!" Swan promises and the Phantom signs a contract in blood.

Swan is later shown bitterly listening to the recording session with Winslow: while he sounded normal at the time, the tapes mysterious play back Swan's voice as ragged, wicked and monstrous-sounding. While the Phantom remains in the recording studio rewriting his cantata, Swan breaks the deal by telling Philbin that he resents Phoenix's perfection for the lead role: "You know how I abhor perfection in anyone but myself." Swan replaces Phoenix with pill-popping, male glam-rock prima donna Beef (Gerrit Graham) in the lead of Winslow's Faust and moves Phoenix for the role of backup singer. Beef is revealed to the media at a press conference where all cameras and recording devices are strictly banned, as per Swan's policy.

After days of isolation, the Phantom completes Faust, Swan having gotten him hooked on uppers in the process. Swan steals the completed cantata while ordering his minions to seal up the Phantom inside the recording studio with a brick wall. However, when the Phantom awakens that night and realizes he has been betrayed again, he manages to escape with deadly fury and kills Swan's guards. The Phantom then confronts Beef (in a comic allusion to the infamous shower scene in Psycho (1960)) and threatens to kill him if he performs. Beef tries to flee, but is stopped by Philbin outside the building, who suggests to Beef that this was all a drug-induced hallucination.

Onstage, the glam-rock band The Undeads (the former Juicy Fruits/the Beach Bums), costumed to resemble the somnambulist from The Cabinet of Dr. Caligari (1920), perform of the ultimate man, appearing to dismember audience members (actually planted actors with dummy limbs) and making a show of appearing to turn the parts into Beef, now costumed as a glitter-clad Frankenstein's monster. As Beef performs a completely rewritten glam-rock version of Winslow's song "Old Souls", hidden in the rafters, the Phantom strikes and electrocutes Beef with a lightning-bolt-shaped neon sign (to the great delight of the crowd).

Horrified, Philbin orders Phoenix onstage as a replacement. Singing the slow true version of Winslow's music at last, Phoenix is an immediate sensation with the audience. As they continue to cheer for Beef outside as his dead body is loaded into an ambulance, Swan now realizes the potential of the situation. In Phoenix's dressing room, Swan arrives and seduces Phoenix after the show with promises of her future stardom. As she leaves, she is nearly overwhelmed by the zealous crowd, but is quickly spirited away by the Phantom. On the roof, the Phantom tells Phoenix his true identity and what Swan has done. He implores Phoenix to leave the Paradise so Swan won't destroy her like he has destroyed everything else. Fearing the Phantom, Phoenix does not believe him and escapes.

At the Swanage, the Phantom secretly observes Swan and Phoenix locked into a tight embrace. Heartbroken, he commits suicide by stabbing himself through the heart with his Bowie knife. However, the Phantom awakens from death and sees Swan standing over him. Pulling the knife out, Swan tells the Phantom that he cannot die because he's locked to the blood contract he had signed earlier: The Phantom cannot die until Swan himself has died. With that knowledge, the Phantom attempts to stab Swan through the heart, but Swan is unharmed and merely pulls the knife away. Looking down at the Phantom, Swan hisses in an almost reptilian voice, "I'm under contract, too!"

Rolling Stone announces the upcoming wedding between Swan and Phoenix during Faust's finale. While everyone prepares, the Phantom sneaks into Swan's private taping room to watch the tape containing the blood contract. Watching the tape, the Phantom then learns that Swan made a pact with the devil over 20 years ago (1953): Swan will remain youthful forever unless the videotaped recording of his contract is destroyed. Future photos, videos and recordings of Swan will age and fester in his place, explaining why he abhors being caught on film. The tape goes onto reveal footage of Winslow signing his contract with Swan and finally a new one Swan made with Phoenix when she was stoned, promising him "her voice" upon her death (presumably to finally overcome Swan's voice's wretched sound when recorded, as per his own contract). On a live television camera, the Phantom observes an assassin assembling a rifle and realizes Swan is planning to have Phoenix assassinated during the ceremony. The Phantom destroys most of the recordings by setting them on fire and heads off to the wedding between Swan and Phoenix.

The wedding is proceeding onstage, with Philbin officiating and Swan wearing gloves and a silver mask of his own face to prevent being properly filmed. However, the Phantom manages to throw off the assassin's aim to prevent him from hitting Phoenix, causing him to shoot and kill Philbin instead. With the tapes destroyed and Swan now mortal once again, the Phantom swings down onto the stage and rips off Swan's mask, finally exposing him as a monster on live television. Swan's face has now become hideous, burning away like the tapes and contracts at the Swanage. Realizing what's happening, a crazed Swan gropes for Phoenix's throat, demanding she give him her voice, beginning to strangle her. The Phantom intervenes and stabs Swan repeatedly into the chest with the metal beak of a backup dancer's bird-shaped headpiece. The moment he does, his own deadly chest wound reopens in the process.

As he is dying, Swan is carried around by the audience, who are driven to the point of hysteria and join into stabbing him. The dying Winslow also removes his mask to reveal his own face, and cheered on by the crowd, crawls on the floor towards the shocked Phoenix. Just as he holds out a hand to her, Swan dies, allowing Winslow to die of his own wound. As Winslow succumbs, Phoenix finally recognizes him as the kind man she met in line at the Swanage. Phoenix rushes over and lies down next to him, crying and heartbroken as the audience raves.

The closing credits feature a series of montages of the cast members, identifying each by name, commencing with the musical trio and concluding with Winslow/The Phantom. Most of the shots in these montages are from the movie, but there are also several from outtakes.