After graduating college, the Muppets travel to Manhattan to have someone produce their musical "Manhattan Melodies". When it doesn't happen, the gang splits up. Kermit makes friends with Jenny and Piggy is jealous, thinking that Kermit found a new girl. Now Rowlf is a vet secretary, Fozzie's living in a cave, and Piggy is working at a hotel with her partner, but apparently they get fired and now Piggy lives next door to where Kermit works at Pete's with Jenny. When Jenny and Kermit find producer-in-training Ronny Coleman, he promises to produce their show. The gang returns to Manhattan, but after getting hit by a car in joy, Kermit gets amnesia and now finds work making ads with other frogs. When Kermit is found at Pete's, they try to restore his memory.

The kennel at which Rowlf is working has several dogs in labeled cages. Two of the cages say "Jim" and "Frank".

Bill the Frog:
I'll pick up the bill today, Gil.


Gil the Frog:
Would you like something from the grill, Jill?


Jill the Frog:
No, meat makes me ill, Gil.

Crew or equipment visible: In the opening sequence, you can see Frank Oz's head below a dancing Miss Piggy.

Music and Lyrics by Jeff Moss
Performed by Jim Henson, Frank Oz, Jerry Nelson, Richard Hunt and Dave Goelz