Correct. They also have some minor restrictions on this that you agree to abide by so you should look it up.Monetization of minecraft videos is explicitly permitted under Mojang's terms of service.
Wrong. Company size has nothing to do with the legality of monetizing a game. Don't post 'answers' if you don't know and are just boosting your post count. That is what this section is for: http://yttalk.com/forums/forum-fun-and-games.44/because minecraft its not a AAA+ game released by a big a** company ?