Many news media companies have been engaging in just that, trying to point out (hypocritically) where their competitors attempted to downplay the threat of the virus. It's not so much a problem with news media being wrong, it's a problem with most of them skewing towards pundit commentary and OP/ED's on the news, rather than just reporting the news.

If the news media blankly reports what is happening, and avoided adding layers of interpretation on top of it, their reputations would be in better shape right now.