Does Adobe Shockwave Hurt Adobe Flash?

In my years of Director and Flash development, I've noticed only the language is different (Director = Lingo, Flash = ActionScript) and that in Director, you can have actors (symbols in Flash) play...

You can create flash animations. You can also make games. However, the program is $600.00.

Adobe Shockwave (formerly Macromedia Shockwave), Macromedia's first and most successful multimedia player prior to the introduction of Macromedia Flash (now Adobe Flash)

Go to their website (see link below). It's a free download.

Adobe Flash Player is used to play Flash videos. Such as the ones on YouTube. Adobe Reader opens and reads PDF files.