No, that doesn't add up: You only host data that's already available on a public network, pretty much by definition. If the rights distributor didn'f want it to be globally accessible, they wouldn't have put it up on IPFS.
I'm happy to play the naivete card when it comes to downloading. (If the producers didn't want me watching this CAM footage of a new release on YouTube, they wouldn't have uploaded it, wink wink.) I'm a bit more cautious when it comes to uploading.