Hollywood is cutting off it’s nose in spite of it’s face. The whining about artistic integrity and original intent is mute when the original is easily available. Nobody is stopping anybody from buying the nasty original version.
If the altered version is clearly labeled as such and Hollywood collects the same royalty from the altered version they would have collected otherwise they are locking themselves out of a market that would have rejected them otherwise. Not only that but human curiosity being what it is, some of those kids will grow up and want to see what was cut out of the original!
So, would you be OK with someone buying James Dobson videos, recutting them to make it a satanic video and selling them and pocketing the money?
Pretty dramatic example, but same issue. Of course you can’t do that, that is why there is copyright law. If you don’t like the film or object to something in it, you have the right NOT to buy it, you don’t have the right to alter it in violation of copyright law and profit from that.