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This is what I am worried about with FB:

1.For content that is covered by intellectual property rights, like photos and videos (IP content), you specifically give us the following permission, subject to your privacy and application settings: you grant us a non-exclusive, transferable, sub-licensable, royalty-free, worldwide license to use any IP content that you post on or in connection with Facebook (IP License). This IP License ends when you delete your IP content or your account unless your content has been shared with others, and they have not deleted it.

This means: FB can use your IP any way it feels like and will not give you any royalty whatsoever…

The last sentence is even more scary as even if YOU leave FB, as long as somebody else has “shared” your image, i.e., it is live on the Internet somewhere, anywhere, then FB can still use it to its heart content. And let’s face it, as soon as something is uploaded to FB, you lose control of it and FB now does…

Just something to think about if you value your IP and copyright…