Of course they do. An important fact which some people here do not apply to their MSM reading. An error is one thing, mud-slinging is another.
For example, Sydney Morning Herald were cleared of breaching any privacy infringements in the reporting of this case. MSM lawyers are very in tune as to what can be published and what cannot be published, and maintaining some kind of balance.
"After receiving a complaint, the Council asked the publication to comment on whether such prominent treatment focusing on a single "person of interest" had breached the Standards of Practice relating to privacy and fairness, as Mr Spedding had not been arrested or charged and police said at the time it was "not a major breakthrough", "no person had been charged" and "a number of persons had been spoken to as part of this phase of the investigation".
Council is of the view that more prominence could have been given to police comments that Mr Spedding was only a "person of interest". However, the inclusion of comments in support of Mr Spedding contributed to the articles' overall fairness and balance.
Accordingly, Council has concluded that its Standards of Practice were not breached."
https://www.smh.com.au/opinion/press-council-adjudication-20150805-gis5br.html