YouTube Music Key - thieving?

[JKL2000]

Just read this article about Swiftgate (Taylor Swift vs Spotify), and am now wondering about YouTube's Music Key service: you pay a monthly fee to access the same stuff that's on free YouTube but with better sound and such.

http://techcrunch.com/2014/12/05/swiftgate-and-the-future-of-music/

So YouTube is selling access to all that unlicensed material on a YouTube? The old prog performances and such that we all love? How can they do that? I can see when it's on the free service ( though of course their still selling advertising there) but to charge for the content they have no permission to host? Kind of crazy.

I'm all for YouTube being a repository of those golden prog relics and everything else (selfishly, perhaps) but where do they get off charging viewers to watch it? You'd think it'd be a direct violation of the labels, artists, etc. for example, the classic Genesis video that's on the boxed sets and YouTube.