Based on the television series the movie follows Drake who performs his new song, Makes Me Happy live at the premiere in front of Alan Krimm from Spin City Records. The representative is amazed at Drake's song, and asks him to come to Spin City Records HQ to sign a record deal and Drake gets the deal. The recording studio then says that Drake's song will be shown during a Super Bowl commercial, seen by 50,000,000 people around the world.

While Drake is recording the song, Josh is told that he must sign a "standard" contract. Josh doesn't read the contract at all, mesmerized by a massive shrimp which he is offered for lunch. So Josh mindlessly signs the contract and ends up signing away all creative rights to Drake's song and ruining it completely.