Bill Wise has blood in his past, so he turns to horror films to wipe it clean. Jaime Stein has felt the betrayal of death, so she too takes refuge in the on-screen deaths of others. Now Bill, Jaime, and seventeen other horror-loving teens have gathered at Rabbit in Red Studios, the brainchild of eccentric horror producer Jay "JB" Bell, for the terror-filled, blood-drenched contest of their lives.

JB has presented this competition as a race between the best of the best that will reward the winners with cash, internships, and a career making the movies they love. But things aren't always as they seem at Rabbit in Red, and soon life starts to imitate art. Will Bill and Jaime be strong enough to confront real horror to save their friends, or will they all fall victim to JB's twisted plans?