A familiar figure blackmails Kate into ruining an important event. Obie proposes a transactional offer that would destroy his family to Gossip Girl.

While Audrey juggles her father, his new girlfriend, and Kiki's launch, Gossip Girl drives a wedge between her and Julien.

Max and Audrey scheme to redeem Kiki's reputation – at the expense of Aki's feelings. Kate receives an ultimatum about the future of Gossip Girl.