Within days of the release of Negativland's clever parody of U2 and Casey Kasem, recording industry giant Island Records descended upon the band with a battery of lawyers intent on erasing the piece from the history of rock music. Craig "Tribulation 99" Baldwin follows this and other intellectual property controversies across the contemporary arts scene. Playful and ironic, his cut-and-paste collage-essay surveys the prospects for an "electronic folk culture" in the midst of an increasingly commodified corporate media landscape.

A struggling Hollywood director returns to his home state of Iowa to create a successful horror film. However, he is immediately distracted by old friends and family, a problem that will plague him throughout the making of his film.