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For those who are willing to sit through an awful film to answer the title question, Dracula has become the ultra-hip owner of a prominent Hollywood discotheque, Dracula's Castle," were he hosts wild, drug-filled parties. The story centers on a young actor who offers to give his lovely girl friend to the old blood-sucker in exchange for success and stardom. Many of the dance scenes were shot on location in the notorious Hollywood dance club, the Magic Castle. Though originally released with a PG rating, an R-rated version, featuring a more graphic orgy scene and homosexual activities is supposedly around.