I assume they get "monetization" from Youtube and they don't need to worry about hosting or discovery. Probably better than doing nothing with these films.
replies(5):
I'm also a little surprised no one has yet (AFAIK) done the "viral indie release to Youtube" path. I feel like it's sitting there waiting to be exploited.
Lots of situations where resolving the rights issues is going to cost more than you expect the movie to bring in, especially once you start talking about splitting the revenue with online storefronts.