If 40% is even close to true, than it is certainly overrepresented. Of course that should be cause of concern. When the unusual is portrayed as the norm, even how things/you should be, than it is easily close to brain washing of kids/teens.
Content nowadays is very fucked up anyway. Ever since maybe the era around Two and half man or Sex and the city, which are afaik not really into alphabet stuff, but portraying promiscuity very favorable. Both sex and gender are out of control in entertainment and divorce rates are showing the result. Too many trying to live up to those loose standards set by TV. Maybe it isn't even cause and also an effect where society is moving, but Janet's Nipplegate was a scandal for some reason but in sum the average TV show is probably much more harmful than one bare nipple ever could be. I guess I would be in favor of limiting stuff like that for a network and streaming service. Not overrepresent abnormal stuff and limit the male and female sluts.