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Pewdiepie makes $4mil a year on the backs of other people's creative output. Perhaps developers don't pay him directly, but he earns a pretty large paycheck by piggybacking off of their work.

Copyright holders definitely deserve money when their work is used in youtube videos. I'm not sure why anyone would claim otherwise.

It might not be the best business decision to take 40% of ad revenue, but if it's their property that's being used to generate that revenue, then it's their decision to make.