You mean like FCC fining people over Janet Jackson's boob?

You have freedom of the press, when you own a press. But the spectrum is not owned by the licensees. There are rules. Limits.

I am not for government owning the spectrum. But that's the current situation.

Broadcast indecency rules (like those for a wardrobe malfunction) are a narrow exception and don’t authorize the government to punish political viewpoints; even on publicly licensed spectrum, officials can’t wield licensing power as a cudgel against disfavored speech, because the 1st Amendment forbids it.