Reality Check: Is the media fair in its coverage of the Rupert Murdoch scandal?

(FOX19) - You've probably heard about the scandal surrounding Rupert Murdoch, the owner of News Corp, which among other things, is the parent company of Fox news, Fox Entertainment, the Wall Street Journal and various tabloids in Great Britain.

It is in Great Britain where the major scandal continues to unfold.

First, what is the scandal all about.

"News of the World," a tabloid in London owned by Rupert Murdoch's News Corp. had journalists who began hacking voice-mails and paying police investigators for information on stories.  This all started back in 2002.  Over the course of the decade, there are various charges made against the "News of the World" but the scandal blew up in July of this year.

That is when allegations begin to surface that "News of the World's" hacking victims included victims of the July 7, 2005, terrorist attack in London and families of soldiers killed in Iraq and Afghanistan.  Rupert Murdoch has apologized to some of the families of murder victims, who's voice-mails where hacked.

Throughout this process, Rupert and his son James Murdoch denied any knowledge of the hacking.  But this week, there are bigger questions about that.

The British Parliamentary Committee may be calling back James Murdoch to testify.  James, is the heir apparent to News Corp.  Why is he being called back?  Because former "News of the World" executives claim that James Murdoch absolutely knew about the hacking of voice-mails as they were discussed in board meetings.

Here's what you need to know.

In the great scheme of things, "News of the World" is pretty immaterial to News Corp.'s earnings, in the one percent range.  As one analyst said "whatever happens there is a flea on the back of an elephant,"

Where that flea becomes a bigger problem, when media entities like Fox news, which are owned by News Corp, barely cover the scandal.

The left leaning site Media Matters tracked the number of times the three cable networks covered the scandal between July 4th and July 17.  This was when the scandal first broke.

CNN covered it the most, 107 times.  Compare that to Fox news which ran only 30 stories.

CNN may have smelled blood, but consider this, Media Matters also points out that when CNN host Piers Morgan became investigated for the same claims of allowing journalists to hack voice-mails,  when he used to work for the "Daily Mirror" another tabloid in London which is owned by News Corp., CNN ran zero, no stories on that, at all.

And that is Reality Check.

Copyright 2011 FOX19. All Rights Reserved.