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A group of hobgoblins, who allow you to live out your fantasies but kill you in the process, escape from a studio vault, and a security guard and his friends must stop them before dawn.
A band of misfit teenagers, along with a film studio security guard, must recapture escaped hobgoblins with the ability to make people live out their wildest fantasies.
25 years have passed, and old McCreedy rots away in a mental hospital, raving about demonic creatures. Meanwhile, Kevin and his friends, now all grown up but not all that much wiser, are visited by a bunch of wish-fulfilling monsters.