Both can coexist. Consider that Greek mythology or Irish fairy stories are basically different stories in the same "cinematic universe." But... that universe

Both can coexist. Consider that Greek mythology or Irish fairy stories are basically different stories in the same "cinematic universe." But... that universe isn't a monopoly. Many authors contributed. Stories were tailored to different audiences. The cliche blockbuster remakes are corny because they are, but the concept of remakes, universes and sequels isn't bad.