NEW : The penalty is the latest salvo in long - running dispute between networks and the government . The network is fined 7.5 % of its gross income for violating the law . The government accuses the network of causing anxiety in the public . The $ 2.2 million fine will force the closure of Globovision .
NEW : The penalty is the latest salvo in long-running dispute between Globovision and the government . The broadcaster is fined 7.5 % of its gross income for violating the law . The government accuses the network of inciting anxiety in the public . The $ 2.2 million fine could mean the end of Globovision .