xsplit not only was compromised repeatedly and collected billing details and was a pay monthly to use software, but also just kind of .. never innovated, ever. no new features, ignored requests, ignored feedback while they were "king" long ago.
mandatory watermarks, inability for kids/teens that want to stream to pay for it even if they wanted to - no offline payment methods, no way to purchase a key without a credit card type of thing.
was also not cheap/forgettable tier of pricing - i believe $15/m? back in the day people went off to ffsplit (ffmpeg-based free version?) and obs (before obs was as polished as it is today, but it was free)