The story centers on seven potentially great performers at a high school who are dedicated to the performing arts. It takes place over a four-year period, as they are growing up, getting romantically involved, getting romantically hurt, getting potential auditions, and (in some cases) crashing and burning. It is a musical that had several hit songs, and became #1 in England.
The film looks okay in Blu-Ray. There is nothing here that really calls out for high definition. The audio, all important for a musical, is far more impressive and the Blu-Ray clarity gives it good energy. Overall though, if you wouldn't own it on DVD, there is little to force you to buy it on Blu-Ray.
There are some decent extras including the director's good commentary, interviews with the cast and crew that are okay, and a fair amount of behind the scenes footage. If you are a fan of Fame, then you will probably find these extras are the best reason to own it.
I am not the target market for the movie, and I am not easily able to judge it as a musical; so I will let Billboard do that for me. With the title track hitting #4 on the 1980's Billboard charts, it is hard to give this anything other than a good score.