Nintendo has recently updated their terms for their Creators Program. They have added a rule that would bar live-streaming for anyone who signed up for the program. Here is the added rule.
“Live streaming on YouTube falls outside the scope of the Nintendo Creators Program. You cannot broadcast content on YouTube Live from the account you have registered to the Nintendo Creators Program. If you plan to broadcast content on YouTube Live, you have a couple of options. First, you can broadcast content on YouTube Live from a channel that is not registered to the Nintendo Creators Program. Or, you can cancel your channel’s registration to the Nintendo Creators Program and instead, register your videos containing Nintendo’s IP to the program separately. Videos which had previously been registered through your channel would need to be reregistered individually.”
It’s currently unknown as to the exact reason behind the decision. As of now, in order to live-stream, one would need to register their videos to the program separately instead of having their entire channel under it. The program itself was meant to allow part of the revenue that would normally go to Nintendo to those who applied. With live-streaming a major source of viewership and revenue for certain players, it’s strange the company would bar it entirely. It should be noted that the program applies strictly to YouTube.