Globovision is Venezuela's last-remaining television station that is openly critical of the government of Hugo Chavez, (and his chosen puppet successor Nicolas Maduro) but on April 15, the majority shareholder Guillermo Zuloaga sold his portion to businessman Juan Domingo Cordero, sending both members of the opposition and some journalist rights groups into a frenzy.
Over the last 10 years, the government of former president Hugo Chavez has systematically shuttered media outlets critical of his administration, usually on the grounds of trumped-up regulatory infractions. The most famous closure was the January 2010 shutdown of RCTV, Venezuela's most popular channel. Its broadcast license was simply revoked. After that, two other major channels, Venevision and Televen, changed their editorial line to be more favorable toward the government and have remained on the air.
But Globovision has maintained and even hardened its critical coverage of the government. It is widely considered the last right-leaning media outlet of import.
After the April 15 announcement, despair was the immediate reaction among both the opposition and international journalist organizations. Many journalists have not survived in Venezuela, feeling the need to tow the government line or leave the country.