"Prices on new product would have to be lowered to compete with free old product." I do not believe that this is true at all. Having taught film history class

"Prices on new product would have to be lowered to compete with free old product." I do not believe that this is true at all. Having taught film history classes at a university, where some of the most interesting, significant human artworks were rejected because they were silent, had subtitles, or simply were not in color, I can say with no hesitation that there is little or no demand for things that aren't colorful, animated explosions featuring contemporary stars. That's not a value judgement: people can watch whatever; that's just the current market as I understand it.