Here's a bunch of ideas of mine that should work if taken into consideration.

As for when I was back on YouTube Gaming , YouTube would block the stream temporarily while copyrighted music is playing that didn't allow revenue ( adrev ) to be given to the holder - no strike is given unless it is video related like a movie/tv show.

Example of money going to copyright holder on YouTube ( doesn't get blocked from a vod ) - https://cdn.discordapp.com/attachments/474829729128513536/776142264358535188/unknown.png

Blocked music ( this would be completely blocked from the stream ) -
https://cdn.discordapp.com/attachments/474829729128513536/776142610455855146/unknown.png

When it might get blocked if you continue the song :
https://cdn.discordapp.com/attachments/474829729128513536/776143537594564638/Maybe_Blocked.png

When your stream does get blocked :
normally just shows like a little symbol saying. Hey this stream has been temporarily blocked due to copyright concerns, then after about 30 seconds the stream comes back after it finds out if the song holder can get ad revenue.

As for Facebook Gaming as of recently allowing multiple big companies licensing there is a little warning on the dashboard when you can't play curtain song but no strike is given. They teamed up with multiple big companies like Sony Warner and some bigger companies

More details on that : https://www.facebook.com/fbgaminghome/blog/making-music-and-streaming-easier

( not gonna lie if Facebook can do it Twitch can do it better )

I also personally feel a secondary Audio channel would help streamers as well , as long as it doesn't go into the actual VOD of the livestream sorta like how twitch soundtrack works. ( would be great especially on games that require the songs to play sorta like beat saber , just dance ext. - since that game has a lot of copyright ) - Two volume controllers since you never know how loud things will be.

Spotify Integration? Make it so your audience can connect their Twitch up to Spotify sorta like how Discord has theirs. ( maybe even build it into the app )

Any vods/clips before October 23rd 2020 ( since this is when normal DMCA takedowns started to happen ) this should be allowed to be removed without strikes since you guys said you would without any issues.

One of my friends recently got a strike from a clip from 3 years ago even though this tweet happened saying - First, we will begin the work to extend our use of Audible Magic to identify existing clips that may contain copyrighted music and delete them for you without penalty. Over the coming months, this will cover newly created clips as well.

OG Tweet : https://twitter.com/TwitchSupport/status/1270875683787624449?s=20