So, what is substantial governmental interest in protecting broadcast industry?
In the course of describing the purposes behind the Act, Congress referred to the value of broadcast programming. In particular, Congress noted that broadcast television is “an important source of local news[,] public affairs programming and other local broadcast services critical to an informed electorate,” and that noncommercial television “provides educational and informational programming to the Nation’s citizens.” We do not think, however, that such references cast any material doubt on the content-neutral character of must-carry. That Congress acknowledged the local orientation of broadcast programming and the role that noncommercial stations have played in educating the public does not indicate that Congress regarded broadcast programming as more valuable than cable programming. Rather, it reflects nothing more than the recognition that the services provided by broadcast television have some intrinsic value and, thus, are worth preserving against the threats posed by cable. In s