we need a license for BandLab as a service to playback your own song to you, or anyone else you share it with. Just to clarify this point quickly - these T&Cs are purely to allow BandLab as a service to actually function - i.e.

Ouch! Based on the 2097 bazillion to one chance that I ever make something worth pinching I think I'll pass on that. ( ) still, it'll be a while yet until we see how the cakewalk bits get assimilated

which seems to translates as BL being able to do whatever they like with anything you put through their service. That made me curious so i took a look, you mean like this kind of thing? BandLab Terms of Use By Submitting Your Content through the Services, you hereby grant us a worldwide, non-exclusive, royalty-free, sub-licensable and transferable licence to access, use, reproduce, distribute, publicly display, publicly perform, adapt, synchronise, prepare derivative works of, compile, make available and otherwise communicate Your Content to the public, in connection with the Service and our (and our successors’ and Related Entities’) business, including the distribution of advertising or other promotional material through the Services.

Cakewalk by bandlab review 2019