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Popular Twitter image sharing service, TwitPic, has apparently changed the wording on their terms and conditions. According to the new policy the company now has ownership over user's pictures. Not only that, but TwitPic has also brokered a deal with celebrity photo agency, WENN, that allows them to use uploaded celebrity photos and share the profits back with them. Smart? Invasive? We guess it just depends on which side of the fence you're playing for. The reality is that other user-based or shared content providers aren't any better–many of them take immediate ownership of your content as soon as it's uploaded. Our advice? Read the fine print! Here's TwitPic's:

You retain all ownership rights to Content uploaded to Twitpic. However, by submitting Content to Twitpic, you hereby grant Twitpic a worldwide, non-exclusive, royalty-free, sublicenseable and transferable license to use, reproduce, distribute, prepare derivative works of, display, and perform the Content in connection with the Service and Twitpic’s (and its successors’ and affiliates’) business, including without limitation for promoting and redistributing part or all of the Service (and derivative works thereof) in any media formats and through any media channels.


[via Thinq]

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