Hey! Question on youtube video's that have copyright materiel.

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Hey! Question on youtube video's that have copyright materiel. 1191 8/1/12 10:24 PM
Hey guys!  I posted a cover of Ellie Goldings "Lights" and gave all the right lines for saying I did not profit/own from/the song in any way.

Short story, UMG put ads on the video.  I am okay with this, since it is their song.  If they wanted to take it down, then they could.  They have not, so I am okay with the ads.

My concern is that I may not own my own playing in the video.  What are the rules pertaining to my playing over copyrighted materiel?  Do I own my playing in relation to the posted copyrighted materiel?