It's the 1950's and ambitious Hollywood screenwriter, Peter Appleton, (Jim Carrey) has everything going for him. That is until the FBI discover he attended a communist meeting during college and blacklist him. Drunk and desperate, Peter drives aimlessly through the streets of California, finally crashing into a stormy river and waking to find himself in a small coastal town, minus his memory. The tiny town of Lawson, however, go wild and embrace Peter as local missing-in-action war hero, Luke Trimble, with whom he shares an uncanny resemblance. Injecting new life and hope into the community, Peter goes about restoring the Majestic, a crumbling movie palace owned by 'his father', Harry Trimble (Martin Landau) and rekindling the passion of old flame Adele Stanton (Laurie Holden). However, when Peter's memory starts returning, he has even bigger dilemmas to face. With the FBI closing in on his trial, does he run or brave his accusers back in Hollywood once and for all? And more importantly, will he find the courage to tell the town who he really is?