YouTube Makes Creative Commons library accessible through Video Editor

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"Now, look no further than the Creative Commons library accessible through YouTube Video Editor to make this happen. Creative Commons provides a simple way to grant and use copyright permissions to creative works. You can now access an ever-expanding library of Creative Commons videos to edit and incorporate into your own projects. To find a video, just search in the YouTube search bar or from within the YouTube Video Editor. We're working with organizations like C-SPAN, PublicResource.org, Voice of America, Al Jazeera and others, so that over 10,000 Creative Commons videos are available for your creative use. To get started, visit youtube.com/editor and select the CC tab."


Original Article:
YouTube introduces Creative Commons option for uploaders, remixers - Boing Boing


The only license offered will be the CC-By-3.0 license

Creative Commons — Attribution 3.0 United States — CC BY 3.0


Yes, it includes the ability to make commercial use of the work as long as you fulfill the other license requirements.
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