What is an asset composed of?

An asset on YouTube is a collection of intellectual property rights and associated data. It's composed of: Metadata (title, description, etc.), Ownership (who owns the asset and its territories), Reference Material (the actual video or audio file used for Content ID matching), and a Match Policy (how Content ID should handle matches, e.g., monetize, track, or block). "Ownership, Claims, Videos" is incorrect because "Claims" are actions taken against user-uploaded content, not components of an asset itself. "Videos" are the content, but "Reference Material" is the specific component within an asset that holds the content for matching. "Reference Material, Ad Formats" is incorrect because "Ad Formats" are monetization settings, not fundamental components of an asset's structure.