I had a long-untouched copy laying around and read this chapter on your suggestion. There's definitely some good info in here if you haven't been exposed to these ideas. However, I'd probably review Ch. 1 as a mixed bag overall. A good chunk of it is out of date info-dumps about the state of the industry 30-40 years ago. That said, its central thesis of media we consume being largely propaganda (and necessarily so, given the reasons provided) is certainly still true. I think one could filter and update these points, however, to make them more accurate to the current state of affairs and thus make more compelling of an argument.