The sale of media conglomerate Waystar Royco to tech visionary Lukas Matsson moves ever closer. The prospect of this seismic sale provokes existential angst and familial division among the Roys as they anticipate what their lives will look like once the deal is complete. A power struggle ensues as the family weighs up a future where their cultural and political weight is severely curtailed.

Ambushed by his rebellious son Kendall at the end of Season 2, Logan Roy begins Season 3 in a perilous position, scrambling to secure familial, political, and financial alliances. Tensions rise as a bitter corporate battle threatens to turn into a family civil war.

In Season 2, Kendall deals with fallout from his hostile takeover attempt and guilt from his fatal accident. Meanwhile, Shiv stands poised to make her way into the upper-echelons of the company; Roman reacquaints himself with the business by starting at the bottom, and Connor launches an unlikely bid for president.