Because no one on tumblr understands intellectual property
Let me just make this clear, both for people who have no clue what’s happening, and the assholes who are making a stink about things they clearly don’t understand
“When providing us with content or posting content (in each case for publication, whether on- or off-line) using the Services,
In this wording, they are specifying content made for them or is published using their services. Now what does this cover? Well, it basically only covers content made for the site. Did you make graphics for the paypal site? Well then that’s covered by this wording. That’s the general stuff affected by this policy change. Work done for paypal, and used for their services.
Now, let’s continue on to how these specific things are affected.
“you grant the PayPal Group a non-exclusive, worldwide, perpetual, irrevocable, royalty-free, sublicensable (through multiple tiers) right to exercise any and all copyright, publicity, trademarks, database rights and intellectual property rights you have in the content
Now what does this mean? Well, allow me to point out this specific part right here
“rights you have in the content”
Rights YOU have. Nowhere are they saying that they are taking these rights, nor are they claiming they have the same rights
What they are saying, is that they have the right to exercise the rights FOR you. Meaning, if someone tries to steal art that you made for paypal, then paypal has the right to take legal action against them for you.
Everything in this policy is actually pro-content creator, they are protecting their content creators rights for them because legal action is expensive and arduous.
The only people affected are Paypal’s content creators
And the effect is Paypal will take legal action FOR them
Now please reblog this so other people can know what it means because there’s innocent people being told lies about it.