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The Studio Business Book: A Guide to Professional Recording Studio Business and Management, Third Edition by Jim Mandell, Mitch Gallagher

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The Room of Dreams

Remember great-grandma Ida-Lou, the one with all the cake makeup and doilies around her neck who used to give you 20 bucks when you were a kid, just for squeezing your eyes shut and giving her a kiss at Thanksgiving? Last month, she passed on, and to your utter astonishment, left you half of the vast fortune your conniving relatives had been backstabbing one another over for many years.

The stash comes with a note explaining: “I always looked forward to that kiss each year. Curled my kneehose, it did. Such a nice boy. Always seemed to love tinkering with the volume control on the TV.

“See that he gets $5 million tax-free to build a studio in the Bahamas that the headbangers from Jersey will flock to, and make sure you spend ...

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