Yes that is correct - they had access to music in the Screen Gems catalogue. Bill mentioned in a 'Days with the Hayes' article in SOD that Doug even sang 'Last Train to Clarkesville ' by the Monkees because of that arrangement!
While watching another clip on this particular YouTube channel, I came across this one with Nick Scotti, where he is a guest host on Fox After Breakfast (ironically, a show I have some past knowledge of) where he talks about his then new movie Kiss Me Guido, among other topics and mentions his Y&R days. What a beautiful man.
And as Kylie prepares for wedding #4, her memory decides to come back and ruin everything!
She, TK and Sophia should form a club, maybe bring Maia back too. And Sass (though that was a clear cut case of self defence)