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YouTube Question Newbie question about content ID

wwsu4453169

New Member
13
5
If there is a video that uses background music that has been identified by content ID, does that pretty much prevent monetization of the video?

For example in this video, I can see the "Music in this Video" section has the song identified. Does this mean adsense basically prevent any revenue for this video?
View: https://www.youtube.com/watch?v=CMRX5udMBOk