Circus owner Max Medici enlists former star Holt Farrier and his children to care for a newborn elephant whose oversized ears make him a laughingstock in a struggling circus. But when they discover that Dumbo can fly, the circus makes an incredible comeback, attracting persuasive entrepreneur V.A. Vandevere, who recruits the peculiar pachyderm for his entertainment venture, Dreamland. Dumbo soars to new heights alongside the spectacular aerial artist Colette Marchant, until Holt learns that beneath its shiny veneer, Dreamland is full of dark secrets.