I thought MediaSpace was simply streaming YouTube video directly from YouTube with their watermarks and everything. kinda like embedding or streaming the YouTube video with the Kaltura video player. Is this the fuctionally being used in this instance. I do not know their are tools to grab videos off YouTube however I see more larger sites just stream the watermarked YouTube content using their own players. It saves on bandwidth, storage and CPU usage. Generally, as long as your configuration does not block the YouTube ads they don't mind cause they are still generating revenue off your traffic.
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