This is a history and profile of the animation group that dreamed up Bugs Bunny, as well as other classic cartoon figures such as Porky Pig and Daffy Duck. The "termite terrace" was a small hut on the Warner Bros. lot housing many of the animators who created these iconic characters. Several of those artists, including Tex Avery, Friz Freleng and Bob Clampett, are interviewed. Their work is also exhibited, and the film features nine complete cartoons from the 1940s.