Apple is really in a no win situation here.
SteveC,
As another poster mentioned, there are no such things as DRM laws. Applying DRM is a completely optional choice made by the person/company that owns the distribution rights.
psycho bob,
What you described is in no way, shape, or form broadcasting. Inviting hundreds of strangers into your house to view it for free might be considered public performance. Charging people to watch it, though, makes it a commercial venture and would definitely be against the law.
What's funny is most/nearly all event videos (weddings, parties, etc.,.) that use music don't license it 'cause it's too dang expensive. Do you have $10,000 to drop so U2's "Mysterious Ways" can be in your wedding video (note: I don't know how much it would cost to license U2's "Mysterious Ways" but $10k wouldn't surprise me, odds are I bet it's more)? But the odds of an event videographer getting busted for it are slim-to-none 'cause it's not work the time and money to hunt them down and bring them to court. Anyway...
asif786,
You might just have to do it the old fashioned way and send out hard copies to those you want to see it.
Lethal