martinibuster - 6:09 am on Dec 19, 2012 (gmt 0)

...claiming complete IP ownership for every photo posted to their system

Does ownership exclude them from safe harbor provisions and make them liable for DMCA claims? One of the ideas behind DMCA is that copyright claim liabiilty for the content belongs to the user, not the host. So if the host assumes ownership of the content for financial gain does that mean they also assume liability for copyright claims?

I have a feeling the lawyers thought of this hole in their legalese and there might be a provision that allows the company to own the cake and monetize it too. But I'd still like to hear what it is.