This is a light musical with elements of screwball comedy. It documents the rivalry between a Vienna Waltz studio and the American jazz band that moves in next door. Franz Strauss is stressed because his waltz palace is losing business to the jazz club. Fred MacMurray is the trumpet-playing headliner. He pretends to be the US Consul when he encounters Swarthout, the daughter of the waltz studio owner. He changes the story to be an icebox salesman in order to continue wooing Swarthout. Meanwhile, Oakie is falling for a countess who sold him a fake silver service.[3]
Time gave the movie a poor review as a "heavy-handed musical naively designed to combine the best features of jazz with those of the Viennese waltz."[2]
^ ab"Champagne Waltz (Paramount)". Time magazine. January 25, 1937. Retrieved 2013-12-21. The perennial and expensive effort to make a Grace Moore out of Gladys Swarthout seemed to have more logic some time ago when Miss Moore was a more important box-office draw.
^Champagne Waltz, Picture Show Souvenir, Paramount Studios, (booklet provided to movie patrons)