Shangri-La Studios Malibu

In 1976, Fraboni designed and built Shangri-La Studios in Malibu, CA, to the precise specifications of Bob Dylan and The Band. He was president and co-owner of the studio for ten years. He worked on The Band's Northern Lights – Southern Cross, Eric Clapton's No Reason to Cry, Wayne Shorter's Native Dancer, Bonnie Raitt's Green Light, Tim Hardin's Unforgiven and Blondie Chaplin's self-titled solo debut.

During this time he spent 18 months working with Martin Scorsese and The Band on the soundtrack for The Last Waltz, considered one of the greatest concert films ever made.