It's reality only in that a series of events were videoed in real time. There, the link with reality ceases. I could take any number of edited highlighted of an individual's life and, on the one hand make them look like a super-hero, or on the other, make them look like a complete twonk.
Years ago the adage was, don't believe everything you read; now, it's don't believe everything you see on television.
Cheers
Whirls