Earlier quoted context omitted.
Videos are edited to remove that information. "Freebooting" is the term that's used. A Facebook group will find a popular video on Youtube, then either edit out all identifying information or just remake the video, then post it to their group to get the views and ad revenue.
What you describe here sounds like a real copyright piracy.
EDIT: For fuck's sake, this is true, and follows from WIPO Copyright Treaty into the Copyright Directive for the EU and whatever the US equivalent is. Breaching copyright as part of trade turns it into a criminal offence, merely breaching copyright for personal use is a civil tort.
That's why in the various bit-torrent legal cases people who torrent are sued for loss by companies in courts, while people who run businesses running torrent sites are prosecuted by law enforcement.