The Hall of Fantasy featured stories with supernatural themes. Radio historian John Dunning wrote in his reference work Tune in Yesterday: "The difference between this program and its competitors was that here, man was usually the loser. The supernatural was offered as something respectable, awesome, sometimes devastating and always frightening.

"An early version of the show was developed by Richard Thorne and Carl Greyson and broadcast on KALL in Salt Lake City, Utah. In 1949, Thorne revived the program on WGN in Chicago, enhancing the program's appeal with "unusually excellent production values" and sound effects.Stories adapted for the show included "The Cask of Amontillado", by Edgar Allan Poe, and "Green Tea" by Sheridan Le Fanu. Thorne also wrote original scripts for the program, with the series having about equal numbers of original stories and adaptations.