Many TV's (sony's especially) will blink the red light several times to indicate a fault (13 blinks means a lineoutput fault I believe) - so if it blinks, count how many... if it always blinks the same amout then it's indicating a fault.
You could just press all the buttons on the front panel to make sure none are stuck .... but I suspect it's a fault.
My old Sony would randomly blink..... sometimes when I turned it on.. sometimes after it had been on a while... it was faulty, although still worked most of the time.
Being a lazy TV repair man, I put up with the fault

and then got a nice new TV!