Hugo Chavez in Venezuela is showing that like most virtually absolute rulers, his tendency is to get more absolute over time. It seems the more power these clowns have the more thin-skinned and absolutist they become. Chavez just won reelection by a considerable margin and his power is virtually unchallenged. But there's this pesky TV station that's aligned with the opposition, so he wants them silenced.
To be sure, Radio Caracas Television, which has been around since 1953, did support a 2003 "general strike" against Chavez that led to a failed coup attempt. So Chavez, in a speech to his troops, said its license was due for renewal in March and renewal would not be forthcoming. "There will be no new operating license for this coupist TV channel called RCTV," he crowed. "So go turn off the equipment."
This shows what can happen when the government licenses the media. What the government gives it can take away for the most blatantly political or arbitrary reason.
I doubt it would happen here, but if we were smart we would move quickly eliminate the government's power to license the broadcast media. The founders would have included them as part of "the press," about which "Congress shall make no law" restricting their freedom. A medium that depends on a license from government to operate is not genuinely independent.