This is a basic book for anyone that hasn't watched many movies or read many plays or listened to anyone tell a good story. If you interested in writing anything that might not reach the widest breadth of an audience, this is not the book for you. I personally found it extremely restricted. I'm reading this and think this doesn't look like any of the stories I'd want to make. I've never been much a fan of the Quentin Tarantino school of 'just watch a lot of movies try to learn filmmaking by watching' but its better then this book.
I've no doubt that Press has a lot of experience writing for Hollywood studios but a lot of the book isn't even about about the writing but what constitutes a movie, storytelling, and especially what constitutes a Hollywood movie. The result is he tries to tell you the basic of what you need to write the most boring meaningless capitalist consumerist schlock because apparently that's the only stuff the studio heads are interested in. Well, as a black person, the studios haven't mean much interested in us anyway, and it has nothing to do our inability to write consumerist schlock. He claims that just how things are and if you don't to write movies that fit neatly into Hollywood categories of time, acts, and writing styles then you should try your luck in Europe which is the only other place that makes movies apparently.
Lastly, there are a lot of people who have already writing a lot about the 'you must follow the 3 act structure or you're doomed' thing so I won't here. But Press' writing of storytelling is extremely Eurocentric but more than that its Hollywood centric, and maybe even more centric than that because there are a lot of people that have made successful Hollywood films that don't follow the 3 act structure or that are very slow. The point being I think you can get more out this book if you want to get the basic but don't take it too seriously. Write your art about whatever you want to write about, however you want to write about it, you can compromise with the capitalist later when you have something to compromise.