Presto! Recording Studios is located in Lincoln, Nebraska, and run by brothers Mike Mogis and A.J. Mogis. The studio began in the brothers' North Platte, Nebraska basement and around 1995 moved to the basement of a Lincoln home. First known as Whoopass Recording Studio, the name was later changed to Dead Space Recording. When the brothers moved the studio to its current downtown Lincoln location, they found a vintage Presto brand vinyl recorder left behind by the studio's former occupant, from which the current name was taken.

Because of Lincoln's plan to dismantle most of the streets around the facility in the distant future, Mike Mogis is planning to relocate Presto! Studios to a 5,000-square-foot (460 m²) indoor basketball court in Omaha, Nebraska. The new studio will be co-owned by Mike Mogis and Conor Oberst. A.J. Mogis has not yet decided if he will be involved.

Artists who have recorded at Presto!

A recording studio is a facility for sound recording and mixing. Ideally both the recording and monitoring spaces are specially designed by an acoustician to achieve optimum acoustic properties (acoustic isolation or diffusion or absorption of reflected sound that could otherwise interfere with the sound heard by the listener).

Recording studios may be used to record musicians, voice-over artists for advertisements or dialogue replacement in film, television or animation, foley, or to record their accompanying musical soundtracks. The typical recording studio consists of a room called the "studio" or "live room", where instrumentalists and vocalists perform; and the "control room", where sound engineers sometimes with producer(s) as well operate either professional audio mixing consoles or computers (post 1980s) with specialized software suites to manipulate and route the sound for analogue or digital recording. Often, there will be smaller rooms called "isolation booths" present to accommodate loud instruments such as drums or electric guitar, to keep these sounds from being audible to the microphones that are capturing the sounds from other instruments, or to provide "drier" rooms for recording vocals or quieter acoustic instruments.