Can anyone make sense of what the Google representative is saying in the last paragraph of the transcript, the part that goes "your channel will be separated from the deal and you can enter into a regular youtube partner commercial terms which allows you to monetize the content"? What music would be monetizable under that scheme?
From what I understand about the Youtube Partner thing, it essentially allows you to make money from the videos uploaded to your channel, but not from videos uploaded by other users, even if you hold the copyright to those.
Essentially, they pay you for the "service" of uploading the videos and drawing users.