Think about it this way, if I buy the Rolling Stones greatest hits on CD or DVD, can I then post it on YouTube and ask to make money from it?
No is the answer, unless I also purchased the rights to their greatest hits. But that would cost more than I have. A lot more.
Thanks but you're talking about a totally different use. I want to use sound bites in my videos that promote the product (Elite) which is a win win for FD.
What I don't want to do is Publish the whole album which would cause a strike against my account for blatant theft!
Nutter, you are thinking about this in the correct way. There are a lot of people who play video games on YouTube, both as livestreams and as videos. When they play these games, the game soundtrack is usually playing as well...not everyone disables the soundtrack. A game's soundtrack is a part of the game. If the developer / publisher allows players to stream / create videos of their games, it is implied they are also allowing you use of the audio of that game - which includes music.
I've never seen a game video / livestream be claimed for using the games music. I'm not sure how YouTube detect use of the music when it comes to clearing the use of a games soundtrack with a specific game, and I certainly wouldn't use game A music with game B. For example I wouldn't use GTA 5 audio on a Minecraft video.
But using Elite audio (and music) on an Elite video, should be totally fine. Monitizing the video (placing adverts) should also be completely fine.
If worse comes to the worse, YouTube will simply disable or share monitization for that one specific video (and I highly doubt this will happen). Either way you won't get a copyright strike.