Vinyl

1973, New York City. Together with his partners, Richie Finestra, President of American Century Records, is on the verge of selling his struggling company to German Polygram, an impending distribution agreement with Led Zeppelin part of the package.

With German Polygram execs in town to complete the deal for American Century, Richie delivers a bombshell that shocks the prospective buyers as well as his partners. In Greenwich, Devon ponders what to do about her husband, who broke his promise by going off the wagon.

Richie trims the American Century roster to free up money to sign and promote new artists. Trying to find purpose in the suburbs, Devon turns to Andy Warhol in hopes of raising funds to renovate a Greenwich barn that could house a displaced Russian ballet company.

On the verge of signing with American Century, Kip and the Nasty Bits enlist a new manager to work out a favourable deal with Richie. Armed with photos from Richie’s temper tantrum, Devon visits a divorce attorney. Skip looks to unload an overrun of bootleg albums.

Devon agrees to join Richie for dinner with Hannibal and Cece, playing up the vixen role to keep one of her husband's best clients signed. Kip faces a dilemma in the wake of the Nasty Bits' signing: fire one of his bandmates or lose a gig opening for the New York Dolls.

Devon seeks refuge at the Chelsea Hotel with Ingrid, a friend from her Warhol days. Meanwhile, Richie falls into a deeper well of drugs and depravity, enabled by Ingrid's nihilistic boyfriend. Kip takes an unlikely path towards recruiting a guitarist for the Nasty Bits.