I've been looking at using social networks for promoting my work. Their terms of service state license requirements such as this:
twitter ©: "By submitting, posting or displaying Content on or through the Services, you grant us a worldwide, non-exclusive, royalty-free license (with the right to sublicense) to use, copy, reproduce, process, adapt, modify, publish, transmit, display and distribute such Content in any and all media or distribution methods (now known or later developed). This license authorizes us to make your Content available to the rest of the world and to let others do the same..."
instagram ©: "...a non-exclusive, fully paid and royalty-free, transferable, sub-licensable, worldwide license to use the Content that you post on or through the Service, subject to the Service's Privacy Policy..."
Does this let the licensee sub-license Content for advertising purposes?
I am curious whether such terms are generally overlooked by the participating pro photographers?
Does this make business sense for us, the image makers?
Do you find that the trade off in giving such license in exchange of building a social network is worth it for your business?