celegans
I guess (to follow in this long-held tradition of contriving emotional pleas in defense or against intellectual property) this isn't entirely unlike pulling out of a war. There's a deep repugnance to the notion that thousands of people have given their lives in vain, and that the hope which drove them was never fulfilled. Yet we would never mistake their sacrifice as slavery nor even tantamount to it, because of the chronology.
The fact that for the 20th century, the economy of movies and the tastes of the consumer were so consistently aligned that tinseltown could churn dozens of hundred-million dollar artistic edifices on a regular basis is remarkable and profound. And indeed, it'd be tragic if the advent of the digital age meant that cinema were done for—and all we had in its place was a hundred million amateur Vines and YouTube videos.