[boredguy8]

They actually don't have the rights to license it to others. They're not co-owners, nor do they pretend to be, hence "You retain copyright and any other rights you already hold in Content which you submit, post or display on or through, the Services."

But their license justly protects them from being sued because you uploaded a video to YouTube that became a hit, and then you decide you want to sue them because they're hosting a video you submitted but now want to charge people for.

You can't have your cake and eat it, too.

[spon]

According to the Terms, Google has the right to "publish, publicly perform, publicly display and distribute," your book.

They also have the right to "make such Content available to other companies, organizations or individuals with whom Google has relationships."

Licensing by any other name.