Cloudy I think the bleeping is different because it's momentary and most people know what was said anyway.
With a whole segment cut out, if you haven't seen it before youmay not even be aware there was anything missing in the first place.
Also the artist knows their work will be bleeped when they sell it - if they don't want to allow it to be bleeped they would withhold it.
This is a different case because in buying the movie - you agree not to do what this person has done.