My understanding is that Youtube will allow the supposed content owner to monetise your video. They can choose to let you keep it up as long as they get the advertising revenue from it.
I did edit to elaborate where I thought there was ambiguity.
Yes, I agree, if ASCAP, ICE_CS laid claim to the GP's work, then that needs to be fixed. I would suggest any money paid to ASCAP, ICE_CS for that video be returned to the GP, with interest paid by ASCAP, ICE_CS and perhaps some punitive damages so they don't make the same "mistake" again.
To be fair, or give the benefit of the doubt, this could be a Hanlon's Razor scenario where ASCAP, ICE_CS just doesn't understand how to do it right. Or they could be too heavy handed in which case the punitive damages should soften their hand.
Yes, I agree, if ASCAP, ICE_CS laid claim to the GP's work, then that needs to be fixed. I would suggest any money paid to ASCAP, ICE_CS for that video be returned to the GP, with interest paid by ASCAP, ICE_CS and perhaps some punitive damages so they don't make the same "mistake" again.
To be fair, or give the benefit of the doubt, this could be a Hanlon's Razor scenario where ASCAP, ICE_CS just doesn't understand how to do it right. Or they could be too heavy handed in which case the punitive damages should soften their hand.