No, he's still a pirate.
If he doesn't like what the distributor releases, he shouldn't watch the movie or show at all. Paying for a legitimate copy does not grant you infinite legal or moral use of the work, only permission to view the version of the work provided under terms set by the OWNER of the work.
Nobody cares about the owner's "terms".
The whole point of this thread is the fact the owners keep getting outcompeted by a bunch of pirates precisely because of those idiotic "terms" nobody really cares about. The more "terms" they add, the more their product sucks. No one wants to read a dozen pages of legal boilerplate just to have a shitty experience watching some film. Thanks to piracy, they don't have to.
Literal rent seeking monopolists don't get to preach about morals either. Knock copyright duration all the way back to 20 years and maybe the monopoly becomes tolerable enough for us to listen to the plight of creators.