Known as "the picture that broke Grand National". Grand National Pictures, which produced and distributed it, was a "B" studio known mostly for low-budget westerns and action pictures. It signed James Cagney during one of his frequent disputes with Warner Bros. and saw this picture as its chance to compete with the major studios by doing a lavish musical with a major star. It poured more than $900,000 into this film--not much by MGM or 20th Century-Fox standards but a tremendous sum for a small studio like Grand National. Unfortunately, the film was a major flop and the studio lost just about all the money put into it. Grand National, established in 1936, folded in 1939, having never recovered from the financial beating it took on this picture. Its remnants were purchased by RKO in 1940.

Film

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