Set in 1973, it chronicles the funny and often poignant coming-of-age of 15-year-old music fanatic William (Patrick Fugit). Having managed to land an assignment from Rolling Stone magazine to interview the up-and-coming band Stillwater, fronted by lead guitarist Russell Hammond (Billy Crudup), and with the help of gorgeous "band aid" Penny Lane (Oscar� nominee Kate Hudson), William finds himself drawn into the band's inner circle, despite the objections of his over-protective mother (Frances McDormand). As he becomes less an observer and more a participant in the band's dynamics, William learns a life-changing lesson about the importance of family - the ones we inherit and the ones we create.