You are correct. They own it they can do what they want. But if you are implying that no one can object to their decision you are delusional and probably in favor of it. What if they said, "no pictures of women without makeup"? Or no black people. By your logic no-one should say anything because it is owned by them. I agree no one can force them to show what they don't want, but arguing against objection?

Why, Oh Lord, have we turned the nipple into something so profane? My experience leads me to believe that guys who object to breasts... are gay. Nothing against gay people. Let your gay flag fly. But if you don't like breasts, don't look at them.