Did Nintendo Kill ARMS?

ARMS is Nintendo's newest IP, but it has had some trouble catching on with the general public. Why is that exactly? Well, I'm here to speculate and see lots of comments telling me I'm wrong!
Music provided by Bulby
/ mrbulbamike
ARMS and Splatoon and any other game mentioned here is property of Nintendo. All I did was talk about em.
This video was made over the course of five days and edited together using Lightworks.