Not at all. Enough methods, such as spread spectrum watermarking, survive a multitude of digital deformations and 'analog' attacks like printing and physically deforming. Action from 1.30 and German, but the demo is pretty clear. [1]
I saw i paper a long time ago of a stenography quite resistant to transformations so the basic information was still extractable from the picture. Still i think that a photograph of the monitor would remove it.
EDIT: Even a photo filter might not succeed if it did a homogenous effect across the pixels.
[1] http://www.3sat.de/mediathek/index.php?display=1&mode=play&o...