Ever read the terms of use for some websites?
 

I got an email form some company called Stage 32 "where I can network" with others in the biz.
You can also upload video to their site.
Never heard of them so I read their terms and it contained this little section:

" You hereby grant to the Company and its Stage 32™ trademark licensor, a worldwide, non-exclusive, royalty-free, sublicenseable and transferable license ("Content License") to copy, reproduce, distribute, transmit, disseminate, prepare derivative works of, display, and perform, and otherwise use, by any and all means now known or hereinafter invented, all of Your Content that You upload, submit, or otherwise provide to, Stage 32™ and/or Company, including without limitation, via submission to the Website or by any other means ("Licensed Rights")."

I know the other upload sites have similar wording, but I don't remember anything about "sublicenseable and transferable license". To me, most of that section sounds over the top. I really limit what I upload to other video sharing sites because I don't like their terms either. Besides I have my own web site where I can control my content.

Is this a concern for anybody else?