Does Youtube own my content?

Foster Kane

Well-known member
I'm not too crazy about this. It is from their site.

For clarity, you retain all of your ownership rights in your Content. However, by submitting Content 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 Content in connection with the Service and YouTube's (and its successors' and affiliates') business, including without limitation for promoting and redistributing part or all of the Service (and derivative works thereof) in any media formats and through any media channels. You also hereby grant each user of the Service a non-exclusive license to access your Content through the Service, and to use, reproduce, distribute, display and perform such Content as permitted through the functionality of the Service and under these Terms of Service. The above licenses granted by you in video Content you submit to the Service terminate within a commercially reasonable time after you remove or delete your videos from the Service. You understand and agree, however, that YouTube may retain, but not display, distribute, or perform, server copies of your videos that have been removed or deleted. The above licenses granted by you in user comments you submit are perpetual and irrevocable.
 
This is the same for every site that you upload video to. Basically it is so you do not sue them for letting others view your video from their website. In the old world if a company distributes your content across the world and makes money while doing it (you know the ads) then you can sue them. It does look and read as if they own it, the reality is they have the right to distribute globally and not pay you. You still own it.

Every video site on the web, that has a lawyer, has the same wording. Even facebook has this in writing.
 
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