YouTube Removes Videos Lately

YouTube is aggressively removing a lot of videos lately. Which really sucks because:

• Folks that embed videos on their sites now have to think twice before doing that.
• Removing content from the web is generally a bad thing. Some videos have comments and conversations around them. Many videos have fan community which is just blatantly gets removed. Technically it is possible to make video playback disabled but keep it online, that's all.

Is YouTube about to change, keeping in mind latest news about company's disclosures of personal information practices ?

I also don't really understand all this copyright buzz about 5 minutes length videos. Mankind invented something called libraries exactly for that purpose - library is "a collection of useful material for common use", which is what YouTube really is.

Update: seems like massive MTV clips removal occurred due to take down request from Viacom.

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