 Rock Opera version of Phantom Of The Opera with elements of Faust. Record producer Swan steals both the music and the girl (Phoenix) from composer Leach. Disfigured Leach plans revenge on Swan and his rock palace, The Paradise, and becomes The Phantom. Leach signs _contract_ with Swan to complete rock opera based on the life of Faust for Phoenix. Double crossed by Swan who hires _heavy metal_ singer Beef. Leach destroys himself and Swan.