A tribute night is held to honor Tom and Julia's work, which pleases Tom, but Julia appears to be preoccupied with "Hit List." Elsewhere, Ivy is hesitant to perform a risqué number; and the cast of "Hit List" deal with a devastating betrayal.
Jimmy gets destructive and jeopardizes "Hit List," so Derek, Ana and Kyle try to get him to refocus. Elsewhere, Tom and Julia consider ending their partnership as the "Bombshell" cast and crew go into overdrive to make the show a success.
"Bombshell" has its opening night, and a jittery Ivy gets some unexpected encouragement. Meanwhile, Tom and Julia set their sights on a new project; Jimmy shares details about his background with Karen; and Eileen's issues with Richard cause problems.
Tom's overeagerness may hurt "Bombshell" as he and Julia prepare the show for previews. Meanwhile, Ivy has an on-stage blunder, which leads her to make an important decision; and Karen begins to question Derek's true motives.
Tom's plans for Ivy's party include a surprise guest: Liza Minnelli. Elsewhere, the tension among Karen, Jimmy and Derek intensifies; Richard wants Eileen to spend less time working; and Julia is unexpectedly pulled away from "Bombshell."
Tom tries to eases the tension between Leigh and Ivy when Leigh is cast in "Bombshell." Meanwhile, Jimmy and Karen's bond is tested; and as the public gets a taste of "Hit List," Derek uncovers information concerning Jimmy's background.
Derek and Karen reach a turning point, so one of them makes a tough decision. Meanwhile, problems emerge in Jerry and Eileen's partnership; complications arise at the "Hit List" debut at the Fringe Festival; and Ivy attempts to save her and Terry's show.
Tom informs Julia that he has doubts about Peter, which intensifies Julia's concerns. Meanwhile, the first reading for "Hit List" takes place; Ivy's hopes are dashed when she meets her new costar; and Karen is unsure if she can place her trust in Jimmy.
Jimmy's ego may sabotage a big opportunity for him and Kyle. Meanwhile, Ronnie has a difficult time dealing with her domineering mom; and the stakes are high for "Bombshell" as Eileen faces an ethical dilemma.
Eileen crashes a gala hosted by the American Theater Wing and has Ivy sing at it. Meanwhile, Derek is fired from "The Wiz" after some dancers accuse him of sexual harassment; and Karen tries to get Jimmy to share his songs with her.
"Bombshell" runs into financial trouble that threatens the production. Meanwhile, Karen is mentored by a Broadway star and discovers a new artist in an unexpected place; and Julia faces a personal crisis with her husband.