[1] Ann Wells (Catherine Hicks) is an ambitious young lawyer working for a Hollywood entertainment conglomerate owned by mogul Henry Bellamy (James Coburn).
She befriends club singer Neely O’Hara (Lisa Hartman), who is said to have had a traumatic youth, and starlet Jennifer North (Veronica Hamel), who is rumored to have worked in pornographic movies.
She later becomes an artist’s model and has a lesbian relationship with painter Vivienne (Camilla Sparv), who helps Jennifer overcome her problems.
After a brief affair with Lyon, who is in Paris working on a new movie, Jennifer returns to Hollywood and becomes a top model and spokesperson for a cosmetics company.
Suffering an amphetamine psychosis, Neely hallucinates that people are trying to harm her and is admitted to a sanatorium, where she meets Tony who has now succumbed to dementia.
Lyon and Ann drift apart and she has a brief affair with her boss Henry, who is grooming her to be a “baby mogul” and take on increasing power in his company.
The Washington Post's Tom Shales reviewed the miniseries and called it a "leaden and laborious remake" and found the 1967 film to be superior.