Richie Finestra considera di vendere la sua casa discografica in difficoltà, mentre prende parte a una riunione non pianificata con Lester Grimes e distrugge la sua relazione con la moglie e i figli.
Richie delivers a bombshell that shocks prospective buyers and his partners; Devon ponders her relationship; Zak considers changing his alibi for a recent injury; Richie decides to visit his estranged mentor.
Richie is embarrassed at a record producers' banquet; a junior A&R rep courts Alice Cooper; Devon tries to raise funds to renovate a Greenwich barn; Richie approaches Lester about releasing some of his old blues demos.
Richie visits a relative; Devon plays the vixen at dinner with Ritche, Hannibal and Cece; Kip faces a dilemma; Clark gets a new job; Richie is inspired to name his new label.
Andrea Zito joins American Century; Kip has an uncommon choice for lead guitar; Zak's raw emotions surface; Richie confronts the future of his relationship with Devon and something rather odd and disturbing surfaces about Ernst.
Richie seeks new funding to keep the business afloat. The Nasty Bits continue to record their new songs but require inspiration. Zak signs a new potential hit whilst Devon meets a music legend.
After an unsettling visit with Devon, Richie weighs his options as Buck Rogers murder case is heating up. Thrown out of her aunt's house, Jamie crashes with Kip (Nasty Bits).
Richie becomes an informant for the FBI to watch over Corrado Galasso, Zak tries to get Richie out of the company and Kip gets high on drugs and quits the band.
