More like died around 1920, if it was ever alive.

The big difference between the past and now is that today a journalist can presumably get at the "alternative facts" if they try because the internet makes secrecy much leakier much faster and makes circumstantial details more accessible. Contrast with 50yr ago Walter Kronkite had no idea how sketchy the whole Gulf of Tonkin stuff was and even if he did it's not like his employer had people doing OSint to verify things so all he could do was recite is like truth and off to war we went.