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I don't know enough about the financials to know how this would work... but I don't think it would necessarily be a good move for Nintendo.

It's similar to how Toys R' Us arranged with Amazon to do their online business. And by the time Toys R' Us" realized this was unsustainable, it was too late for them to build up their own online business, and they were kind of fucked.

I think Nintendo ultimately needs its own streaming/download service. I think the strength of their first party software lineup actually gives them a potentially huge advantage in that area. It would be better for them to build their own rather than letting Gamepass grow too large for them to ever compete.