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Despite a troubled production that witnessed the exits of both leading man (Phillips Holmes) and director (George Fitzmaurice), this tearjerker was a winner at the box office in November of 1932. Constance Bennett plays Broadway diva Judy Carroll who loses custody of a wee orphan after testifying in a notorious embezzlement case. To get over the blow, Judy co-produces a play that basically mirrors her own life experiences, falling in love with playwright Jake (Joel McCrea) in the process. But when she learns that Jake's wife (Virginia Hammond) is with child, Judy nobly severs the romance and instead finds solace in the arms of the worldlier Tony (Paul Lukas).