His new film’s poor showing at the box office has reduced Peter to living on vodka and prescription medication.  Seeing him sinking deeper and deeper into a morass, Wendy insists that Peter get on with another project.  Taking her advice, he pays for her services and then takes her home so he can get back to work.  However, failing to get a table at a favorite restaurant makes Peter realize that things are far worse than he suspected.

After pledging to support Adam Rifkin’s script for Beverly Hills Gun Club, Peter returns to see the one person he thinks he can trust — Wendy.  Even as she’s providing sexual services to a client who Peter recognizes as a prominent studio executive, he asks Wendy to give up prostitution in order to work at DragonFire Films.  And despite the fact that Stuart has already identified a top-flight candidate for the job, Peter insists on hiring Wendy instead.

Fired up about Adam’s script, Peter heads to see studio head Bob Gianopolis about its financing.  However, he’s stunned when Bob not only cuts the budget in half, but also leaves him needing to raise an additional $50 million to get the movie produced.  While Peter is looking for a way to cut costs, he’s approached by Dick Black, the owner of the escort service where Wendy works.  But while Dick wants to be paid for letting Wendy go, Peter seduces him with a chance to be the new movie’s co-executive producer — for only $2 million!