This afternoon, the Murdochs will be giving evidence to a special session of the committee at the House of Commons at 2.30pm, followed by evidence from Brooks at 3.30pm.
As part of a partnership with video rights and distribution system Rightster, ITN Productions will stream the sessions live through its Facebook page, allowing a global audience to watch the footage through Facebook.
ITN Productions is also using Rightster’s video technology to offer footage of the proceedings on ITN.co.uk, Guardian.co.uk and MailOnline.co.uk.
The BBC is to show live footage on the BBC News channel and on BBC.com, as is Sky News, which will not show ads during the sessions.
US-based financial channel Bloomberg Television is showing comprehensive coverage of what it is calling "Murdoch's Mess", starting with a special edition of ‘Inside Track’ featuring The Times executive editor Daniel Finkelstein.
Bloomberg Television will then round up the day with an evening report by Erik Schatzker, wrapping up the day's testimony and news, and featuring special interviews from a round table of experts.
Australia’s Channel Nine, owned by the Nine Network and based in Sydney, will also be broadcasting both sessions of evidence live.
Last week, when the Murdochs and Brooks were asked to attend the session, Brooks agreed immediately, James Murdoch suggested another date (10 August) and Rupert Murdoch said he could not attend but would give evidence to the judge-led inquiry.
MPs then made the exceptional move of sending a summons to both Murdochs, requesting that they appear. James Murdoch then wrote to the committee to confirm both he and his father would attend.
Since it first became widely known that News of the World (owned by News Corp’s UK newspaper arm News International) was accused of hacking into the phones of murder victim Milly Dowler two weeks ago, public and political opposition to the group has mounted.
News International made the shock move of announcing the closure of the News of the World a few days later (7 July) and News Corporation then pulled out of its bid for BSkyB last Wednesday (13 July).
Brooks resigned from her role as chief executive of News International on Friday last week and was arrested by appointment on Sunday. It is not yet clear what questions she will be able to answer.
This article was first published on mediaweek.co.uk