license agreement and youtube

7 b. You may not monetize or collect revenue from YouTube (or other networks that allow for the so-called "claiming" or "monetization of content") for Audio Content by itself (i.e., Audio Content other than as and when used hereunder in Work For Distribution). If a unique license number is provided to you at the time of your purchase of the License, you will, in the event of any conflict on YouTube (or any such other network), via the tools supplied by YouTube (or the other applicable network), provide such license number to the applicable Contributor on request.


Does this mean that If I make a video and add audio from pond5 i cannot monetize it?

There are dozens of threads about this here in the forum. If you do a search in the forums I'm sure you will find all the answers you are looking for. Good luck.

Yes you can make monetized youtube videos. You just can't download music and re-sell the music by itself. You can for sure incorporate in a monetized youtube video. Hope that clears that up!