Shadow_dog pointed this out in IRC, so I figured I should post it here in case anyone is interested. I don't know much about it but will try to explain it a bit. Be sure to check out the website http://www.mishira.com/ for better information.

Mishira is a streaming program which seems to be a mix between OBS and XSplit in that it is free like OBS, but the GUI reminds of XSplit. One of the main benefits over OBS is the ability to stream to multiple sources at once (Twitch + Hitbox, anyone?). The program seems kind of low on options at the moment, but considering it is currently the alpha version that will likely change in the future. I would definitely recommend trying it and/or keeping an eye out on how development progresses.

Mishira was originally planned as a commercial product, but has gone open source. Note that it is currently in alpha, so bugs can be expected.

From the Github page:

Mishira vs OBS Open Broadcaster Software (OBS) is a free and open source video recording and live streaming software project that overlaps Mishira's goals in many places. Although the OBS project started before Mishira it was required that Mishira be developed completely independently of OBS as it was intended to be a commercial closed source product. During the time that Mishira was in development behind closed doors the OBS team begun a rewrite initiative that was aimed to fix many of the issues that the original code had and to allow multiple user interfaces to share the same underlying broadcaster code. Now that Mishira is also an open source project there are some conflicts between the two projects.

As Mishira's goal is only to provide a "streamlined and polished user experience" then if OBS's underlying library can be reused by Mishira without causing any regressions to existing features then it is beneficial for both projects to make them converge into a single strong initiative. Although it may take a very long time to replace Mishira's core with the OBS library it is definitely something that should be worked towards, at least in the long term. If you would like to help make this happen please get in contact with us!

I messed around w/ it. Seems like a lot of things are not working as intended, which is expected. Will probably mess around w/ it more when the next version comes out.

Tested this a bit, is certainly interesting and might be really strong later on but not switching for now. I know they are completely rewriting OBS so can't wait to see how that one stacks up.

EDIT: So I'm now good with Mishira .. kind of :D I can stream to twitch and hitbox at the same time now! It's awesome, I will go so far and recomment the program, it is really helpful and it will grow to an even better program :)

So if you are like me and don't really want to leave twitch but also don't want to miss hitbox, this is what you want :D

If someone has some problems, I will try my best and help, cause I already went some problems now :)

(old post) Sooo.. I tested it a bit..

looks pretty fine imo, works for twitch.

So now I tried to setup streaming on twitch and hitbox at the same time.. not that hard at first sight.. but somehow Hitbox doesn't want to work..

Anyone else having these troubles? Can't seem to get hitbox to work.. even with OBS :S

I've streamed for ~35 minutes using this and didn't have any issues. It took me some time to figure out why Mishira made Vice City crash, but it seems like you need to open Vice City as admin when Mishira is running. I also had to turn on compatibility mode because otherwise Mishira only shows a black game screen.

The GUI looks nice and it's pretty user friendly if you ask me. I might use this program instead of Xsplit or OBS, just because it's very easy to use, and seems quite stable even though it's still in alpha.