This new version of the original ABC hit series from the 1980's. Dynasty follows two of America's wealthiest families, the Carringtons and the Colbys, as they feud for control over their fortune and their children. The series will be told primarily through the perspectives of two women at odds: Fallon Carrington — daughter of billionaire Blake Carrington — and her soon-to-be stepmother, Cristal — a Hispanic woman marrying into this WASP family and America's most powerful class.
Fallon Carrington is charismatic, cunning, and poised to become the new COO of her father Blake's global energy empire - or so she thinks. Along with her brother Steven, Fallon is horrified to learn that they were called home not to announce her promotion - but rather to make the acquaintance of their stepmother-to-be, Cristal. When Blake chooses Cristal over his own daughter, Fallon sidles up to Blake's biggest rival, Jeff Colby, to seek her revenge. Meanwhile, when Cristal's nephew Sammy Jo comes to town, her carefully concealed history could bring her future crashing down - and who knows who else she might take down with her.
When it's discovered that Matthew's "accidental" death may have involved foul play, the spotlight falls on the Carringtons themselves. The family must swallow their own suspicions of each other and close rank to defend the clan. Cristal struggles with what it means to be a Carrington, while Fallon begrudgingly helps cover up Cristal's affair to protect the family name. Despite their efforts, everything comes to an emotional head at Matthew's funeral.
In a throwback to the '80s, when "greed was good," the Carringtons don their best costumes for their Charity Gala; Fallon fights her father Blake for the right to use the family name in her new business venture; and when Cristal learns her sister is in danger, she's forced to choose between her old family and her new one.
The Carringtons' efforts to protect their secrets - from the world and from each other - lead them outside the protective cocoon of the Manor: Cristal and Blake to their belated honeymoon, Steven to Sammy Jo's rescue, and Fallon to confront old demons. They all face the same difficult choice: serve yourself, or save the family?
Fallon plays a game of cat and mouse with Cristal, as the two vie for the cover of a prestigious magazine. Steven's ex-boyfriend returns to town, upending Steven's life in many ways. Sammy Jo and Anders discover an unlikely connection.
Cristal's houseguest puts Blake in an awkward position; Sammy Jo gets in over his head while babysitting; Fallon realizes that she has alienated everyone in her personal life and zeros in on the one thing she wants more than anything.
Everything is shiny and bright at the city's Annual Tree Lighting, but behind the scenes, the Carringtons struggle with ghosts from their past; Fallon tries to move on from her former flame; Steven and Jeff band together to right an old wring; and Cristal's past resurfaces, threatening her future with Blake.