When his movie ""Slow Torture"" fails at the box office, everyone kisses his ass and tells him it was great, except for a prostitute named Wendy who got stuck in his car door and attended the premiere with him posing as a stuntwoman. His studio accidentally buys the wrong script and Peter can't stand the writer. He spends the week with Wendy, the prostitute, and tells her to read the scripts on his counter and tell him which ones are good. The only good one is called ""Beverly Hills Gun Club"" and it's the one that the studio wrongly bought. So now Peter has to pretend to like the writer.
Peter hires Cole Ricardi for the lead role in ""Beverly Hills Gun Club"" but then Cole confides in Peter by telling him he's gay. He wants to everyone but Peter tells him not to because it will ruin the film's intake. To try to stop him from telling his secret to anyone else Peter tells him he's also gay, which he isn't but he has sex with him to prove to him he is gay. then Bobby G. and Momo Shabong tell Peter to fire Cole because they want a younger actor. He fires him but then Cole goes on TV and tells everyone he's gay and Peter's his lover.
Peter breaks his #1 rule and has to invest his own money, ($10,000,000), in Beverly Hills Gun Club. He also learns he does not own the movie because Adam sold it under a different name to the Rothstein Brothers. They will give the rights to Peter if Wendy comes to their house to ""Entertain"" them. She does, and tells Peter she is leaving for good, but wants her money if the movie is a hit. Adam's mistake causes him to leave the show also.
A short documentary on the making of this brilliant but short-lived series.