Sound insulation behind a drywall will essentially do nothing for the room acoustics. It will make elsewhere in the house quieter. If that is your aim then good. Double thickness drywall will help a little inside the room, ensure the two surfaces are very well glued together and very well attached to studs. I have smaller room than this with 45 degree corners, that seems to help a little. Remember sound doesn't know what size the room is it is purely a mechanical acoustic response to the whole environment i.e. furniture, carpets, surfaces (hard / soft), angles etc. There are three aspects reflection, absorption and diffusion. You usually have a mix but rarely the right mix. Carpet the floor maybe plus rugs, the ceiling is a big flat space, and reflective but quite a way away. Some diffusion is good, two ceiling fans perhaps? I have a very large recliner in soft material and its effect is dramatic. Other softer material seats help and I have built some prototype bass traps that diffuse, absorb and use membranes, they do work but are difficult to get right.