MediaGoblin is a free software media publishing platform that anyone can run. You can think of it as a decentralized alternative to Flickr, YouTube, SoundCloud, etc.
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Pro Free code software licensed under the GNU AGPLv3 (or later) license.
You can install this software on any server to create a video upload site, whether just for you, for a group of people, or for public use (eg GoblinRefuge.com) and the source code of your copy can be modified to meet you specific needs.
Con Can't search across all servers running MediaGoblin
At this stage of development, videos uploaded on one server running MediaGoblin will not come up in a search run on a different server running MediaGoblin.