So... what this bill is about is having people ask permission before they can stream content that isn't their own? That's like complaining that a band is suing you for sampling their song and selling it without asking their permission. The dude in the video is assuming way too much about how difficult it would be to get permission. Honestly, you shouldn't be able to upload whatever you want to the internet without permission.
He makes the point in his video that film and TV shouldn't be allowed to do it, but gaming should because it's a form of advertisement. The same argument could be made for video games. If you could watch the entire game on YouTube, especially a story based game like Metal Gear Solid, why would you go out and buy the game? Also, for film and music, if you hear a song in a YouTube video, wouldn't that make you want to go out and buy the CD? It all depends on which side you want to argue.
There was also a contradiction. He claims that it video game developers like Let's Plays and that it helps with advertisements. Why, then, would it be so difficult to get through to a company? You would think that instead of ignoring and denying their requests, they would be happy to just go through and blindly approve everyone.
Look, it depends on what side you want to argue. That article does say that lobbyists pressed lawmakers and that is something I'm completely against, though I don't know how much of that was just used to make the law sound bad.
Just read the bill for yourself. Honestly, to me it doesn't sound like they could put an 8 year old in jail for singing a song on her webcam. What it sounds like to me is that they don't want people making money off of other people's copyrighted material, like putting up a video without permission showcasing a video game and then making money off of it. And like the dude says, it's in the very early stages. Bills are almost always changed around before they're passed.
I believe this law is being taken out of context to make it look like something that it's not. It's just adding streaming and public performances to the list of offenses that would be considered copyright infringement. The way I see it is that it's fine to upload a video of you singing as long as you personally aren't gaining any money from it and if it would have been valuable to the company... I could be wrong about that, though.
What I just want everyone to do is to actually take the time to read the bill and what it has to say and what they're trying to add to the law that's already in effect instead of listening to what some people who are incredibly biased have to say.