Even giving It away violates copywright/fairuse law this is part of what got napster In trouble, of course tring to wade through current fairuse law Is akin to jumping Into a pit of hungry dogs(lawers)wearing a meat suit, but I believe your safe If you own the dvds your editing your compilation from and don't give It away to anyone.
So far personnel use Is still O.K.
Disclaimer:
I'am not a lawer.