I would consider myself to be a law-abiding citizen and as a writer, someone who has respect for copyright laws, particularly as it applies to the written word and major works of media, such as music, television shows and movies. So I completely understand why a company like Time Warner (or even ZDNet's parent company, CBS) would be aggressive in protecting those copyrights, particularly in cases where music videos and TV shows are being uploaded in their entirety to popular video sharing sites, such as YouTube and Vimeo, in high-quality formats. This type of blatant content theft is unnaceptable and the media companies that own this content are perfectly within their rights to have it removed.
That being said, there is also the issue of copyrighted content and what situations constitute Fair Use. One such area of Fair Use I would like to touch on is when it is used within the context of a unique work, such as home movies and video slideshows.
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My wife Rachel is a big fan of putting together video slideshows -- she's been particularly adept at doing this for family anniversaries, birthday parties, and gatherings of friends, where she takes a whole bunch of pictures and sets them to music. She likes to use a Windows program called DVD Photo Slideshow to do this. It allows you to string together photos and videos as well as accompanying music with transition effects to produce your own DVDs and MPEG videos for different sites and player formats. Rachel produced one for me last summer for a major barbecue event that I photographed in New York City. If you like meat, you're in for some serious food porn.