AFAIK with new Contributor Terms [1] all data entered into OSM can be 
taken by some company, closed and they could create a product made profit 
on it. 

Yes or no? Please just answer this for start.

I have no problem with companies making a profit, just go ahead and do it.

I have a problem with companies that would like to take data, add some of 
their own and not release it, and prohibit making derivative works from 
data that is based on OSM.

If this is true then there needs to be a fork in this project as soon as 
possible.

Sorry for the tone of this message.

[1] http://www.osmfoundation.org/wiki/License/Contributor_Terms



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