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The video tutorial explains the concept of a video release, which allows one party to utilize the appearance and voice of an individual, entity, or trademark for various benefits. This includes applications in digital media, web presence, physical products, and publications. The tutorial covers common uses of video releases and how they function, emphasizing the necessity of obtaining a release form when recording content featuring individuals or trademarks that were not pre-contracted for the project. Video release forms are essential for projects related to advertising, digital media, documentaries, educational courses, commercial internet videos, movies, news presentations, and public relations. A template for a video release form is provided in the video.