If you are creating a video for personal use (“User-Generated Content”), and not to promote a product, business, or other commercial use, you do not need a license to post your video on your personal YouTube page or channel.
However, the copyright owners have the right to claim, monetize, and place ads on your video. This claim is NOT a strike on you or your channel and will cause ads to appear around the video. This is simply how we produce compensation from the use of our song. This is how songwriters are paid.
For videos of commercial nature that advertise goods or services, are promoting a product, brand, or political view, or are otherwise commercial in nature, you will need to obtain a synchronization license.