MSM not wanting to cover POTUS tomorrow will face loss of license. POTUS has already come out and said he might declare a National Emergency. It must be presumed that he intends to do that tomorrow night. They can't assume he will not after what he has already said.
This link is awesome and anons should take a quick look around. These subjects will surely come up often in the future and it answers all of the questions of legality. Save it for yourselves
https://www.fcc.gov/media/radio/public-and-broadcasting