Alan decides to kill off the entire cast of Beaver Creek in the final episode, leading everybody on the Pyramid staff to imagine their own eventual deaths. Richard gets hired out to the mayor's office to produce a campaign ad.

Siobhan wants a better storyline on Beaver Creek, so the team work on an idea to give her character a near death experience. Siobhan becomes even more unruly on set after accidentally walking in on Alan and Janet making out. Alan hires renowned art film director Adam Kalilieh to direct any film he wants, but the project goes wildly over budget.

Alan hires video producers Susan and William Doyle to produce an office morale video at Pyramid, tasks Wanda with finding a song he heard on the radio but doesn't know anything else about, and assigns the rest of the team to make Sword of Damacles seem more Australian.

Alan is too busy working on his director's commentary for the upcoming DVD release of Prom Night at Horny High to help Victor with his science fiction project Arcadia 3000.

The network hates the script for Beaver Creek's big 150th episode special, and the team decides to produce a live episode instead. A media watchdog group protests the violence in Sword of Damacles.

Siobhan is in love with Victor's driver, and rushes into marrying him so he can get a producer's position on Beaver Creek. Richard and Veronica have to create a new children's show.

After having a nightmare about somebody smashing a pyramid with a hammer, Alan requires the staff to participate in a team building seminar–but he refuses to participate in it himself. Veronica convinces Alan to hire a chief administrative officer so he can focus more on the creative side of his job, but the new executive hires 14 new vice-presidents.

Alan goes on a protein diet and bans coffee and vegetables from the office.

Dean Sutherland, a man recently released from prison after being cleared of a crime he didn't commit, offers Pyramid a movie option on his story, but Alan doesn't trust the DNA evidence and accuses Sutherland of stealing his Palm Pilot.

An Internet startup approaches Pyramid to strike a content deal. Alan doesn't understand what all this Internet fuss is about, and Veronica and Richard dabble in insider trading.

Mandy Forward is back for her latest Adele of Beaver Creek reunion movie, but is bitter about it. After deducing that the common link between the hit television shows Baywatch, Flipper, The Beachcombers and Gilligan's Island is water, Alan writes a movie script about water and tries to convince Mandy to star in it.

Alan sends Victor to the Cayman Islands to deposit embezzled money into Alan's secret bank account. Michael Rushton is angry that Damacles still hasn't been licensed as an action figure

With Richard still in Colombia, the Pyramid team learns that his helicopter has been shot down and he may be dead. Alan's in trouble with the shareholders after the news is revealed that he gave himself a large management bonus in the midst of the largest financial loss in the company's history. Wanda is obsessed with Manolo, a child refugee who's in the news.