Based on a true story. In 1977, at a local radio news station in Indianapolis, beloved on-air broadcaster Fred Heckman (Jon Hamm) is facing a tough decision: stay with the home news station that's been his lifeblood the last twenty-two years, or move his family to New York City, where a big job at CBS awaits him. As he ponders his decision, a breaking news story captures the town's attention: volatile TONY KIRITSIS is holding DICK HALL, the president of a mortgage company, hostage with a gun rigged to his head, in protest of the mortgage company's upcoming foreclosure of Tony's commercial property. Tony wants to be heard live on air with Fred Heckman to tell his story. Fred is all for it -- it's the biggest breaking news story in town, maybe the country right now -- but he comes up against pressure from his GM and the FCC. Tony liberally uses of profanity, and there's also the possibility that he just might go ahead and shoot Dick during the live interview. Fred and his colleagues grapple with the dilemma of how to tell a vital news story and still maintain some responsibility to listeners -- and how much power the sponsors, the FCC, and a nervous station manager should have over the airing or dismissing of real news...