This was also an exercise for all of us in terms of posting copyrighted material on Youtube. As the video was reposted with the subtitles, Youtube immediately recognized it as "matching third party content". You then have the option to claim Fair Use by providing a justification, which in this case was the use of the video to support foreign language learning and shared within a school environment. Youtube then returned a "claim release" allowing the video posting.
Enjoy the video and the translation!