The precedent for regulating content on broadcast networks is based mainly on scarcity of radio spectrum; something that does not apply to the Internet. See for

The precedent for regulating content on broadcast networks is based mainly on scarcity of radio spectrum; something that does not apply to the Internet. See for example: https://en.wikipedia.org/wiki/Red_Lion_Broadcasting_Co._v._FCC https://en.wikipedia.org/wiki/Red_Lion_Broadcasting_Co._v._F...