As a biographical film, "The Lady With Red Hair" (the story of how director /producer/playwright David Belasco transformed notorious society divorcee Mrs. Leslie Carter into an international stage star) is certainly not in a league with that other Warner's biopic of similar vintage, "Yankee Doodle Dandy" (what is?), but "Lady" is an enjoyable film in its own right--AND shares quite a few traits in common with the Cagney classic.
Like "Yankee Doodle Dandy," "The Lady With Red Hair" brims over with old -time show-business flavor. (Among other things, both films feature delicious theatrical boarding-house sequences as well as the inevitable scenes set backstage and in theatrical managers' offices.) Also, in "Lady" as in the Cohan biopic, the supporting cast is made up of familiar and beloved character actors of the period, all doing the sort of top-notch work we remember them for.
Need I add that, again like "Yankee Doodle Dandy," "The Lady With Red Hair" doesn't let the truth get in the way of telling a good story? But, also like "Dandy," "Lady" does manage--gloriously!--to convey the esssence of its show-business-giant hero's larger-than-life personality. Everyone knows that Cagney limned Cohan for all time in his brilliant and affectionate portrayal in "Yankee Doodle Dandy"--but few moviegoers realize that Claude Rains did a similar service for David Belasco in "The Lady With Red Hair"- -and did it with a panache that almost equals Cagney's.
Rains-as-Belasco perfectly captures that legendary showman's galvanic personality in all its outsized glory. Rains gives a tremendously enjoyable , superbly observed, and remarkably true-to-life performance as the man all Broadway once called "The Wizard." To watch Claude Rains in action (looking in every shot as if he's having a helluva good time!) in "The Lady With Red Hair" is to see David Belasco leap to life on film as if he can't wait to shake things up on the Main Stem once again.

I rented this film yesterday mostly due to the good-looking art and the summary given on the back of the jacket. After popping it into my DVD player I re-examined the jacket cover and even though I took the cover out of from the plastic viewer, I STILL could not read any of the production detail information about the film. This film is entitled Evil on the Jacket and had to locate it by going to Faith Films website to find out any linkage to it here on IMDb.
The filming and special affects done in the film looked quite good ... THEN, a line-reading actor spoke. Oh dear ... this actor's reading sounded like some pimple-faced high school jock whose voice just managed to change pitch, and no attempt given to go beyond reading the lines from the script. At first I thought I got a bad disc out of audio sync, then had to surmise it was a foreign film since I couldn't read the jacket... English dialog dubbed. If they'd casted the right person for dubbing the dialog, this film MIGHT have been decent. I gave it a chance of about 20 minutes before ejecting it when I discovered the bad line reader wasn't going to get killed off, but stay as the constant main fixture. Yes, it is THAT bad! The jacket cover art and the art done in the film are great, so gave the one star, but minus 1,999,999 stars for the rotten dialog. I do not recommend this one!