[TChris]

However the company in question is profiting from making alterations that, in the view of the creators, alters the essence of the product.

That argument doesn't ring true to me either, since these studios regularly edit their movies for content so they may be shown on network television.

[linda_22003]

That's right. The studios are doing it, with their content, in their way. They have the rights to that content.

[Borges]

Studios certainly lose the argument in principal because they allow changes in those other venues. But the fact remains that its their right to grant permission.