Yep, unless they are non-profit, and less than 3 years old, and have less than 10€ in revenue, and have less than 5 million unique visitors.

That or they won't allow uploads at all/cease to exist in the EU. The rules approved now are to unclear on what sites are and aren't affected. So what will you do as site owner? Take the risk of going to court or just avoid the situation entirely?