Doesn't youtube have an option to allow the copyright holders to monetize the videos in these cases? i.e. Get a cut of the AdSense revenue that would otherwise go to the uploader? Did this user choose not to split that revenue and instead opt to take down the videos, or did the record label force the takedown? It seems to me that it would be interest of the record label to take a cut of the profits off of recordings that would otherwise not make them a dime.
That doesn't fix the issue of the copyright holder being incorrectly identified. A musician uploading their own music should not have to give up their revenue to a company that holds a copyright on a different recording of the same public domain score.
