What's the point of having broadcast edits in YouTube's 'Free with Ads' offerings?

I'm trying to complete Tony Scott's filmography and I was excited to see Revenge on is part of the current YouTube's Free with Ads selection. Unfortunately, it had the 'edited for content' spiel in front of it.

Doing some research, I saw the theatrical cut was 2:04, the director's cut on DVD is 1:44 and YouTube has a 1:36 cut, presumably for television which I don't understand. YouTube doesn't have to be mindful of a programming schedule and they've had other R movies before so they're not just editing movies for families.

Are TV edits cheaper to license?