In 1970, 15-year old rock obsessed teen, William Miller enters the world of touring rock bands to cover rising stars, Stillwater, for Rolling Stone magazine. All this leads him through a maze of relationships and professional journalistic dilemmas as he gets close to his subjects, through his friendship with self-obsessed band leader/guitarist of Stillwater, Russell Hammond. Making things even more complicated is the alluring band aide Penny Lane, whose love for Stillwater is focused on the married Russell.