Yes. Only a Standard Admin can enable/disable the content privacy settings. Here's how you can do it:
Login to Hippo Video using existing credentials.
Click on the More icon button from the left nav bar and then click on Settings.
Or click on the Settings icon from the left navbar.
Select Video Settings and scroll down to view the content privacy configuration settings.
You’ll notice that the Share content with the entire organization toggle is set OFF, which means your team's assets such as videos and documents, sales pages, teleprompter scripts, and template builder will not be automatically shared within the company and are private to the owner.
In case you want to change the settings, i.e., choose to turn ON the toggle, then the team’s assets will be shared with everyone in the organization.
Note: The creator of the asset will always be able to override this setting and share it with his or her team.