“Once I open the vault,” Jerry Seinfeld once said, “it ceases to be a vault.” Such quandaries do not seem to be an obstacle for Paramount Pictures, which has recently launched a YouTube Channel called the Paramount Vault where it will be making many of its full-length motion pictures available for free streaming. Since the studio is responsible for such popular films as Grease, Airplane!, Top Gun, Sunset Boulevard, Clueless, and Ghost, as well as such mighty franchises as Star Trek, Transformers, and Indiana Jones, this is potentially big news. But viewers should not expect to find all of those titles on YouTube immediately. Paramount is not just throwing open the doors of its formerly sacrosanct vault and letting internet freeloaders run in and grab whatever they want, whenever they want. This is more of a time-release, slow-dissolving vault. As Britt Hayes of ScreenCrush puts it, “It’s unclear if these titles will be available permanently, or if Paramount will have a rotating library with current titles expiring and new titles being uploaded regularly.” Paramount’s sizzle reel promises Captain Kirk, Tony Manero, and Cher Horowitz, but those folks will have to wait their turn.