Nintendo has announced that Version 1.2.0 of Super Smash Bros. Ultimate will be rolled out sometime next week. Players will no longer be able to watch replays made with the current version once the update goes live, so be sure to export them if you don’t want them to disappear. Nintendo has also announced a Spirits Event from December 14 at 15:00 JST (December 13 at 22:00 PT), which runs for three days featuring an increase in spirits wearing glasses.
Source: Japanese Nintendo