use strict;
my $str = 'Here is some content and a <a href="https://www.youtube.com/watch?v=f0cReHKUiJM">video link</a>.
Here is more content with another <a href="https://www.youtube.com/watch?v=09123asgjnib">video link</a>.';
my $regex = qr/<a.*?href="https?:\/\/(?:www\.)?youtube\.com[^"]+".*?>(.*?)<\/a>/mp;
my $subst = '$1';
my $result = $str =~ s/$regex/$subst/rg;
print "The result of the substitution is' $result\n";
Please keep in mind that these code samples are automatically generated and are not guaranteed to work. If you find any syntax errors, feel free to submit a bug report. For a full regex reference for Perl, please visit: http://perldoc.perl.org/perlre.html