Someone is not telling the "truth".
Big Business Targets Gay Customers - purchasing power now surpasses $450 billion/yr
Are they saying that the homosexual community doesn't have the money to make this profitable (or is the above figure a lie)?
Would a homosexual have to really be a "gay males" channel because lebians would not be interested in the same programming (and there are already a number of networks that cater exclusively to a feminine audience)?
Is it because Bravo is increasing the amount of homosexual oriented programming (including reality dating shows) and posed competition?
Maybe Viacom's Spike TV (with its gay Ren and Stimpy) is the only "channel for men" that Viacom really needs.
Looks like there is also a PayPerView channel:
here! Pay Per View Launches on DIRECTV as First Destination Serving the Gay and Lesbian Market