Director Sam Jones follows the band Wilco as they record their fourth album, Yankee Hotel Foxtrot. Along the way, original member Jay Bennett is fired, and the band are dropped by Reprise Records. With their completed album in hand, they are forced to shop it around to other labels for almost another year. This is a close-up view of a group of highly talented and creative people in the crucible, being ground down by the business side of the music industry, even as they are making the most ambitious music of their lives.