A Strategy to destroy the MSM

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The MSM has been overwhelming supportive of the democrat/progressive agenda for many years. It has given material support, in order to "influence a federal election".
The MSM has spent Billion$ supporting the agenda, yet they have not been observing Federal Election Laws, which state in part:
A nonconnected committee may expend its funds for any lawful purpose consistent with the Act and Commission regulations.
An expenditure is a purchase, payment, distribution, loan, advance, deposit or gift of money or anything of value to influence a federal election.
All types of nonconnected PACs may make independent expenditures, subject to the Act's reporting requirements.
If a communication is coordinated with a candidate or party, however, it is considered to be an in-kind contribution.
https://www.fec.gov/help-candidates-and-committees/making-disbursements-pac/
When a committee, group or individual pays for a communication that is coordinated with a campaign or a candidate, the communication is either an in-kind contribution or, in some limited cases, a coordinated party expenditure by a party committee.
Coordinated means made in cooperation, consultation or concert with, or at the request or suggestion of, a candidate, a candidate’s authorized committee, or their agents, or a political party committee or its agents.
https://www.fec.gov/help-candidates-and-committees/making-disbursements/coordinated-communications/
It appears that the MSM has been operating as an unregistered PAC for many years..
Shouldn't the FEC investigate their contribution of all types to "influence federal elections" , and when found to have been operating an unregistered PAC incur fines and penalties retroactive to the earliest date the overwhelming bias and coordination can be documented.
Many examples exist of coordination from the CNN debate question leaks to Rush's clips of parroting talking points among the talking heads of the MSM.