You could make a good argument that it's impossible for a network to provide tasteful coverage of such an event beyond mentioning that it did indeed happen. This is for profit news for the most part, and all it takes is a splashy breaking news banner with like minded music to spoil the event.
A State funeral might be the exception, but even then it seems dangerously close to "The Ronald Reagan Burial, brought to you by Home Depot"
Granted though, there are events that burden an entire community and the coverage might allow those who can't attend to remember.
-spence