Yes, that's correct. Here's an announcement with more info, including screenshots, to help clarify the update: https://goo.gl/4KsmXz
@TeamYouTube Can you clarify this notice for a bit? Does this mean that the text box for the sharing message on the right side of the upload page will disappear after the date specified?pic.twitter.com/DS7I5I9gwU
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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