Here's your article.

First of all, how does that work exactly? YouTube is based out of California. How can the EU seek to regulate something that's coming from offshore? If I'm reading this right, it would be upon YouTube to get the license, not the users who use YouTube.

So if they try it, here's how YouTube should respond IMO. Post a video from the founders that says this:

"If this goes into effect, we're looking at having to license YouTube and put even more restrictions in place for what you can and cannot post on our service. We have no interest in conforming with silly laws made by silly lawmakers who can't even tell the difference between television and the Internet. Therefore, if this goes into effect, we will have to cut off any European IP address from our service. If you are interested in keeping this from happening or think that governments should have better ways to spend their time, here's a URL where you can go to find all the contact information you need to get in touch with your government and tell them your thoughts on the matter. Thanks and good luck."

Honestly, I think we need a coalition of folks who are dedicated to identifying people in government who use their power to try and regulate what other people do with their lives and get them the hell out of office. I don't care if you're a supposed conservative or supposed liberal–leave people the fuck alone. When was the last time a government passed a law that extended freedom instead of taking it away? Leave us alone already. Jesus.