Yes, some of the truth of the original event certainly has been lost. So at least part of this discussion is about whether it is reasonable, or whatever words you wish to describe it with, to alter the reproduction even further to enhance its acceptability or ability to be enjoyed.we must recognize that one copy can differ from another in sometimes great ways. The mediums alone already contain distortions. By the time these things get into our hands, from the OP's point of view it can be said that the deviations from the "event" may be to such an extent that truth has been lost.
Frank