License
All content on the site is under the Creative Commons Attribution 2.0 license.
(The site itself is GPLv3.)
Rationale
By using an open license, content is able to be contributed by many users and worked on as a team.
Ramifications
It is important to note that the site license is the same as, or similar to, ones used by many other sites. If TASVideos used a more restrictive license, we'd be unable to, for example, upload videos to YouTube, which offers to host videos under the same Creative Commons license or under one very similar to it. With such unencumbered licensing, we are able to publish videos submitted here to YouTube and many others for hosting.