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LatestHost Walter Pidgeon and his two female assistants, Luana Lee and Janet Lake conclude their presentation of the movie The Pirate (1948) starring Gene Kelly and Judy Garland. Don Pedro is about to have Serafin hanged for being the pirate Macoco, which he knows is not the case since Don Pedro himself is Macoco. Manuela, who now realizes that she loves Serafin and not Macoco, tries to save him. Being an actor, Serafin does his own improvisation to try and save himself. Pidgeon and his assistants then move on to the week's upcoming attraction, The Swan (1956), starring Alec Guinness, Grace Kelly and Louis Jourdan whose characters are matched in a royal love triangle.
The original concept of the show was to allow the viewer to see the inner workings of a movie studio and featured interviews with MGM stars and explanations of how movies were made. Later, the format changed to show edited versions of MGM films.