In an update to the terms & conditions at YouTube they now claim a license to your media so they can make money.
“…by submitting the User Submissions to YouTube, you hereby grant YouTube a worldwide, non-exclusive, royalty-free, sublicenseable and transferable license to use, reproduce, distribute, prepare derivative works of, display, and perform the User Submissions in connection with the YouTube Website and YouTube’s (and its successor’s) business… in any media formats and through any media channels.”
The repercusions of this are huge, and some outcomes have already been suggested. YouTube could produce a DVD of webisodes hosted on their service or sell songs/video to advertising firms. I had considered putting a few things on YouTube to ease my own bandwidth usage, but with this new development it is unlikely. My content should equal my ownership. If YouTube wants to resell my content then we can talk, but royalty-free is not even an option. [via Wired blog]
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