The film premiered at the U.S. Film Festival on January 22, 1988, with De Laurentiis Entertainment Group attached as distributor and a tentative release date of March 1988. However, due to financial concerns, distribution rights reverted to NBC Productions, which sold them to Avenue Pictures. The film was ultimately released on October 21, 1988 and was pulled from theaters only two weeks into its theatrical run. A poll of theater patrons by Avenue concluded that the film's underperformance could be attributed to the company's marketing campaign, which was described as "too hip and selective" and aimed to promote the film as more of a slapstick comedy.[1]
Plot
After losing their jobs as security guards, best friends Ivan and Josh start a music video production company called "Video Aces". When they meet their childhood heroes, 1970s soul duo Swanky Modes, Ivan and Josh concoct a scheme to give them a new audience by hijacking a Menudo concert, getting them to perform in Menudo's place, and broadcasting it live across the country on a television satellite hook-up.
The film's soundtrack (but not the soundtrack album) includes the song "Repave America" written and performed by Tim Robbins, credited as Bob Roberts four years before that movie was released. "Repave America" also appeared in the Bob Roberts soundtrack with the lyrics slightly altered to become "Retake America".