The Magic Jukebox sits in the Faulk Street Tavern in the quiet seaside town of Brogan's Point, Massachusetts. No one knows what classic rock songs will come out of the jukebox when a coin is inserted, but every now and then, the jukebox will play a song that casts a spell on two bar patrons—a song that will change their lives and open their hearts to love.

When she finds herself homeless after breaking up with her boyfriend, artist Emma Glendon accepts her best friend's invitation to share a rental house in Brogan's Point. But their absentee landlord, Max Tarloff, has come to town from his home in San Francisco to sell the house, which will mean evicting his tenants. Max is a high-tech brainiac and a self-made millionaire. Emma is a painter and a free spirit. They have nothing in common—except the jukebox, which plays "True Colors" and forces them to recognize their own true colors, colors that can match and blend magnificently, if the magic of the jukebox has its way.