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One way to mitigate compliance issues and possible DMCA take down notices (channel strikes) might be to go ahead and take requests during the live streaming session, but take down the recorded version of the live stream and edit it into several shorter parts that does not include the copyright material. I'm seeing YouTube vloggers taking their live streams (generally 1 hour) and then cutting them up into 12 to 20 minute segments and re-publishing as 3 (or more) videos.
# Encourages Taking down the live stream encourages people to be present and participate in the live stream. (Scarcity)# Eliminates having videos hanging around that could cost you a copyright strike or residuals at some later date. (Having your venmo / paypal chiron chyron during a requested cover song kind of commercializes it.).
# Having 3 more videos gives you 3 more reasons to re-engage across your socials.
# On a ten minute plus video, you can run as many ads as you want, I believe front-loading advertisements chases music listeners away.