I think Mike doesn’t allow livestreams because the audio mix usually ends up being low quality. It is not about money. Even when the visuals are decent, the sound is often terrible. The audio quality in all livestreams from 2017 festivals area was really bad. Right now, since everyone is looking for a chance to criticize Emily, they’re not allowing livestreams that might have bad audio mixes. He mentioned in an interview that he even mixes or checks the audio of the live performances uploaded to YouTube. I think he allowed this last one because he knows the audio mixers.