I'm not familiar with Pence. He may or may not be a good guy. I do think it's possible to write some of these types of bills and create a loophole protection you didn't intend to. The important thing to watch is what he does after this is brought to his attention. We should rattle his cage in a respectful manner and ask him to fix the problems.
The simple fact of the matter is that the "law of unintended consequences" can be a real bitch, especially when there are intended consequences written into the bill that squelch competition with the "old media."
A good example of that was a law that the MO state legislature passed to outlaw homosexual sodomy. Instead, they accidentally outlawed all sex acts in the state of MO, including those between married couples. Of course, they went in and fixed it, but it's just a good illustration of why we don't want congress monkeying around with any of our basic rights which are supposed to be protected by the Constitution. Those should be sancrosanct, but since we've got a runaway, activist SCOTUS, no basic right is safe, not even those which start out with "Congress shall make no law..."
Mark