Dan Mulligan (Mark Ruffalo) is a record label executive living in New York City who is estranged from his wife Miriam (Catherine Keener...
Dan and Gretta meet with Saul (Mos Def), Dan's business partner and co-founder of their record label, but he does not see the same potential in Gretta and turns her away. Undeterred, Dan proposes that he and Gretta produce their own album together, to be recorded live during the summer at various public locations around New York City. Recruiting a team of talented musicians, including Gretta's best friend Steve (James Corden), Dan sets out to make an album worthy of being published by his label. During this time, Dan and Gretta bond both personally and professionally, and Gretta takes Dan's teenage daughter Violet (Hailee Steinfeld), a fledgling guitarist, under her wing and encourages her to play on the album. When the album is finished, Dan and Gretta meet again with Saul. While he is very impressed with their collaboration, Gretta demands a bigger share in the deal. They leave without reaching an agreement, but Dan feels confident that Saul will eventually sign Gretta to the label.
When Gretta sees Dave accepting an award on television, she criticizes him for selling out to the music industry and she expresses her grievances with him in a song which she records on his voice mail. A remorseful Dave, who is back in New York to promote his new album, returns her call and asks to see her. After some consideration, she decides to meet with him and they critique each other's albums. However, Gretta feels betrayed by Dave's heavily commercialized rendition of "Lost Stars", a love ballad she had once written for him as a Christmas, believing that the true meaning of the song has been lost. Nevertheless, Dave invites her to come and hear him play the song at the Gramercy Theatre that weekend so that she can see the impact it has had on his fans. She arrives at the venue just in time to watch him play her arrangement of the song, but as she watches him play, she realizes how much his priorities have changed, and leaves the concert to cycle through the city with newfound closure and a dawning smile on her face.
Afterwards, Gretta visits Dan at his apartment as he prepares to move back home, having made amends with his wife. She tells him that she does not want him to publish her album, instead preferring to distribute it online. Reluctantly, Dan agrees and contacts Troublegum (CeeLo Green), a popular rap musician who helps to promote the release via Twitter. The next day, Dan is informed by Saul that Gretta's album sold 10,000 copies in its first day.
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