When Jerry (Jack Black) becomes magnetised while trying to sabotage the power plant, he accidentally erases all the tapes in the old-fashioned VHS store his best friend Mike (Mos Def) is in charge of. To rescue the business Jerry and Mike decide to remake one of the erased movies, which becomes a huge rental hit. Soon friends from the neighbourhood help out re-making movies, from Ghostbusters to King Kong until the government threatens to not only destroy the tapes but also close their store....