Propaganda is not a new thing. It might look slightly different on the internet, but it doesn't look that different. Creating organizations to push a narrative was just as much a thing 100 years ago as it is now.
IIRC the first or second chapter of Bernays' Propaganda (1928) talks about sophisticated influence campaigns in the fashion industry. Conscripting "influencers" to induce demand, and so on. As you said, literally 100 years ago.
Scale is different though. Tapping a phone isn't new, tapping _all phones_ is different. Altering a photo to change what it appears to depict isn't new, being able to do it in a few seconds and for free is different. So sure, propaganda isn't new, but being able to pump out an organization's worth of credible-looking content for cheap absolutely is.