Question about videos

I noticed the new feature of being able to add videos to our profiles and I have a question: What is this for exactly? Does it include random videos from online, or is it just for personal videos? Would it really just be for our favourite online ones that we have found? And is there any limit by copyright to the feature? For example, uploading clips from TV shows/movies/music videos.
EDIT: Forgot to ask, is this the same for uploading videos for music pages? Like, can we link to music videos and live performances? These are sometimes deleted from YouTube and other sites for being copyright violations, so clarification would be nice. :)
EDIT: Forgot to ask, is this the same for uploading videos for music pages? Like, can we link to music videos and live performances? These are sometimes deleted from YouTube and other sites for being copyright violations, so clarification would be nice. :)

Yes you can add personal videos from a file on your computer or just videos you found around the web.
The copyright questions is pretty hard to answer, in theory anything from the tv will be copyrighted but I don't see a problem in uploading clips from a tv show for example as it only serves as promotion and gets people interested in that tv show.
It's fine to add anything from other sites as this site would not be responsible.
The copyright questions is pretty hard to answer, in theory anything from the tv will be copyrighted but I don't see a problem in uploading clips from a tv show for example as it only serves as promotion and gets people interested in that tv show.
It's fine to add anything from other sites as this site would not be responsible.

Thank you for the reply! I really like the idea of having music videos from the singles on some of the album pages, so this makes me happy. What happens if it is deleted though? The ability to delete videos would really help here.