It's dated. In 2004, when it came out, it was really insightful. It dealt with Fox News and their journey from the news to commentary. Unfortunately times have changed and it's not just Fox that has made the shift. Most cable news, most 24/hr news and more than a few print sources have also made the change from news to commentary. However, that doesn't make it any less important, if for no other reason than it documents the start of the trend to kill actual journalism in America.