YouTube and Joost (Photo credit: thms.nl) |
So unless YouTube has been asking you to revisit your bands contract with them, you're probably ok.
Here's a metaphor from this post to explain what they're doing.
"That said, YouTube is well within its rights to refuse service to a company that doesn't agree to its terms as much as a grocer isn't obligated to lower the price of a single loaf of bread to the same price that a restaurant might pay for a hundred. The difference is that it's also the same as not allowing you to purchase anything else in the store unless you buy a hundred loafs of bread like the restaurant."Via: Music 3.0 Music Industry Blog: Does The Music Business Really Need YouTube?