What Red Hat is doing now will probably increase their license sales in the short term. But they will do so by cannibalizing the entire Red Hat-compatible ecosystem. All the "freeloaders" provide RHEL with most of its share in the distro market. Kill them off and it will become a technical backwater, all the small and medium users will go somewhere else and there will be no on-ramp for new customers (as Red Hat is too technically different from what they have). It can take a while, they might get RHEL for their old systems but they'll go SUSE/Debian/Ubuntu for new stuff.
I'd say that they are literally doing what Travis CI and other companies have done in the past, they have no vision of growing their market anymore, now its all about cost cutting and squeezing the most out of their existing share while the music is playing. So no, I'm not angry about it, but on the other hand I can't see it as anything but a sign of irreversible decline.