Don't be despondent, VT. As Will Fly says, the subject is contentious at its extreme, but real life goes on.

Currently, the onus for licencing live performances is on the Venue owner/manager, not the performer. It has brought significant unrest as to the likely status of singarounds, sessions and small folk clubs. The recent report on the workings of the licencing laws states clearly that they have gone too far, and recommends relaxing the law for venues of less than 200 audience, which should make it all right (er).

But posting something that includes a copyrighted work on youTube's platform accessed by millions, is another thing altogether.