The documentary depicts Bowie on tour in Los Angeles, using a mixture of vérité sequences filmed in limousines and hotels, and concert footage. Most of the concert footage was taken from a show at the Los Angeles Universal Amphitheatre on 2 September 1974 (Also featured are excerpts from D.A. Pennebaker's concert film shot at London's Hammersmith Odeon on 3 July 1973). Cracked Actor is notable for being a source for footage of Bowie's ambitious Diamond Dogs tour, and also for showing Bowie's fragile mental state during this period.

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