I'm back home now, so I can add more. The models and the photographers make their living by selling those photos that you're happy to give away free. Youtube as host runs the risk of being sued over their existence on their servers, so they're protecting themselves through their policies. They don't want a photographer to tie up their time with a nuisance suit claiming that the video being there cost them X amount of cash in lost sales. Giving the photographers credit does squat for them - that doesn't pay the rent.
Oh and not that it matters but I actually got permission from this particular model to do this slideshow. Really!
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