The Revolution Will Not Be Televised

Via Sivacracy -- an Alabama television station censors a CBS broadcast implicating former Deputy Chief of Staff and current White House strategist Karl Rove in the controversial conviction of former Democratic Governor Don Siegelman in federal court. Here's the censored segment:

Sorry for the poor quality, but I refuse to embed the CBS linked video because CBS forces commercials into the video. If you've like to view the CBS linked video, go here.

What does this mean for our democracy if local television stations are allowed to censor public news broadcasts in this manner?