Miss Piggy tells Kermit that she's going to sing a medley of Ethel Merman's songs as a tribute. Kermit shooes her off.
A slinky-like creature dances to "Java." A baby creature comes along until he's kicked out of the way. At the end the baby shoots the big creature away.
Fozzie wants Kermit to talk to his agent about his contract.
Ethel sings a medley of songs with various Muppets. Kermit joins in with "You're the Top." She sings "Friendship" with Fozzie. Scooter and Gonzo join her for "Delovely." A conjoined Muppet sings "Gonna go Through it Together with her. Miss Piggy and Ethel compete during "Anything You Can Do." The final number everyone sings.
Kermit talks to Fozzie's very short agent. He'a s hat with a pair of shoes sticking out.
Ethel tells Hilda that she wants the mouse removed from her dressing room. But the mouse is a part of the band.
There's a mouse in Waldorf's tea cup that sings "Don't Sugar Me." The cup then falls over the railing.
Kermit and Ethel chat. He's in awe of her. She comments that Fozzie's jokes are older than she is. Miss Piggy comes with a glass to give Ethel a toast. Ethel breaks the glass when she sings.
Richard Bradshaw performs a shadow show with different animals. The first scene has the animals climbing up a ladder and going down a slide. The second scene shows the different animals walking across a tightrope.
Miss Piggy wonder about Fozzie's agent and slaps him when he makes a pass at her.
Fozzie does his act with his cousin in the audience. Everyone in the audience leaves because they are not fans.
Kermit and Irving the agent negotiate Fozzie's contract. He is now going to be making 10 times more than he was making before. The catch is that he wasn't getting paid anything in the first place. Ethel comes to cheer Fozzie up by singing "There's No Business Like Show Business." She takes to the stage in a big number with dancers.
Miss Piggy gives Ethel a bouquet of real roses as the end because Ethel's a real lady.