The opposite of the "Director's Cut" of a film.
Typically this is created by the use of the DVD player's Fast Forward button and Subtitles to blow past the boring parts of a film that some artsy director thought he could force the audience to watch. This duplicates the job that used to be done by a film editor.
That DVD had a run time of 180 minutes but we watched the Viewer's Cut in only 90.
The director thought he was going to make us watch some guy walk down the street for three minutes, but Matt hit the subtitles and fast forwarded into Viewer's Cut mode.