> If accepted to use the Content ID tools, applicants will be required to complete an agreement explicitly stating that only content with exclusive rights can be used as references. Additionally, accepted applicants will need to provide the geographic locations of exclusive ownership, if not worldwide.
The big question here is what are the consequences of adding a reference that the applicant does not have exclusive rights to? Is it YouTube's discretion? What happens if Fox/Viacom/Sony/whoever decides to include a clip of public domain classical music in their reference? They don't have exclusive rights to that music, do they?