Obviously, with Facebook and Twitter, Events are reported in literally real time and there is the 24 hour news cycle
Looking at major events historically in Major Newspapers shows that even 100+ years ago, the reporting was not as delayed as one would perceive
Some examples
April 1912 - Sinking of the Titanic - The day after had conflicting reports but every day after that, the reports in the newspapers were fairly accurate which each day giving more details
July - August 1914 - The events leading up to the Start of WW1 are fairly well detailed. The only thing that was consistently wrong is the prediction that the war would be over soon before the end of 1914
November 11, 1918 - The days before WW1’s end actually had a fairly good grasp that this war was going to end soon and there was a truce coming
August - September 1939 - Many stories about Germany mobilizing troops on the Poland side and a prediction of WW2 starting
Pre June 22 1941 - Numerous reports about German troops massing on the Russian side, This “surprise” attack doesn’t appear to be as much as a surprise as it was historically shown
August 6 , 1945 - The Atomic bombing of Japan is actually fairly well detailed as well as the details of the Manhattan Project in the days afterwards.
October 4, 1957 - Fairly detailed story on Sputnik which got even more details in the days afterwards
April 12, 1961 - Fairly detailed story on Yuri Gagarin’s flight around the earth even to some speculation that he had parachuted out of his capsule
July 1969 - Fairly detailed story on the progress of Apollo 11 even to the point where Neil Armstrong reported that this flight was relatively uneventful while journeying to the moon.
Just going through the newspapers that are archived online and then reading some of the details on Wikipedia or other sources afterwards, I find that even 50 - 100 years ago, the reports in the newspapers are surprising accurate on major events.
Of course, one can always find exceptions to the rule such as “Dewey defeats Truman”
What is even funnier is some of the ads in the papers. especially the ones 100+ years ago