Contented With User-Generated Content?

PithArtist

“IMAGINATION: n. A warehouse of facts, with poet and liar in join ownership.” – Ambrose Bierce, Devil’s Dictionary

Consider Twitter’s terms of service:

1. We claim no intellectual property rights over the material you provide to the Twitter service. Your profile and materials uploaded remain yours. You can remove your profile at any time by deleting your account. This will also remove any text and images you have stored in the system.
2. We encourage users to contribute their creations to the public domain or consider progressive licensing terms.

Obviously, Twitter users don’t worry much in general about the copyright terms of their creations, or at least they don’t let such considerations get in the way of generating billions of tweets. It’s that willingness to “get in there” and use a service that forms the rush past the old media’s rule set.  This is on our minds at CTP, which is why we made our terms similar to Twitter’s.  We don’t own your intellectual property, we just match up our merchandising capabilities with your phrases.  We run the database that ensures your exact phrase isn’t duplicated inside CTP. When you coin your phrase, that’s exactly what you’re doing – coining your phrase.

How do coiners see the ownership issue?