The subversive and irreverent film deliberately skewered gullible theatrical investors - oversexed, preyed-upon old ladies treated as sex objects, offensive and tasteless art that entertained middle-class audiences and could make millions hrough fraudulent, nebbish accountant tricks, the flamboyant gays in Broadway productions, counter-cultural hippie flower-children, and busty dumb-blonde Swedes.The film was Oscar-less, but was nominated for four Academy Awards: Best Picture, Best Interior Decoration (Carroll Clark and Van Nest Polglase), Best Song ("Cheek to Cheek" with music and lyrics by Irving Berlin), and Best Dance Direction (Hermes Pan with the uncredited assistance of Astaire himself)."The next scene introduces employees in the New York editorial offices of Dime and Spy Incorporated (publishers ofSpy Magazine) [is this a disguised Time and Life Inc.Also involved in the militant terrorist splinter group was Annette, posing as a rare book collector, and Dennis Cooley (Alex Norton), proprietor of London""s Cooley""s rare bookstore.