Hey Paulo, promidi,
Just to clarify this point quickly - these T&Cs are purely to allow BandLab as a service to actually function - i.e. we need a license for BandLab as a service to playback your own song to you, or anyone else you share it with. If you read any other social platform's T&Cs, like SoundCloud, Facebook etc - you'll find exactly the same thing.
e.g Instagram:
Instagram does not claim ownership of any Content that you post on or through the Service. Instead, you hereby grant to Instagram a non-exclusive, fully paid and royalty-free, transferable, sub-licensable, worldwide license to use the Content that you post on or through the Service
I absolutely agree it could be clearer as to its intentions, and the point is taken - we will be working with our legal team to ensure it is not misleading and looking like we are trying to grab other people's rights - this is something we fundamentally don't believe in :-)
Thank you everyone else who has checked out the platform, we'll have some better introduction videos for people transitioning from other professional DAWs at some point (especially checking out BandLab from Cakewalk) - but the general gist of it is that people who have a professional desktop DAW tend to use BandLab as an ideation tool, or for the social aspects, more so than as a replacement for their core workflow :-)
i.e record an idea on the phone, open it straight away via browser and export stems into DAW of choice