When comparing Mishira vs Wirecast, the Slant community recommends Wirecast for most people. In the question“What are the best software tools for live streaming?” Wirecast is ranked 4th while Mishira is ranked 18th. The most important reason people chose Wirecast is:
Wirecast has support for rare, advanced functionality such as IP cameras, remote desktop capture, 3D virtual sets, image slideshow, scoreboards, and projectors.
Specs
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Pros
Pro Free and open source
Mishira is licensed under GPL with source code available on GitHub.
Pro Good audio mixer
Pro Lightweight resource usage
Pro Simultaneous broadcast and record
Mishira allows streaming to multiple services at the same time alongside recording to different files each with separate settings.
Pro Provides a lot of advanced functionality
Wirecast has support for rare, advanced functionality such as IP cameras, remote desktop capture, 3D virtual sets, image slideshow, scoreboards, and projectors.
Pro Streams to multiple networks simultaneously
Wirecast can stream to multiple networks as long as you add non-Facebook networks using the manual RTMP method.
Pro Functionality can be extended via plugins
Pro Can create and automate playlists
Wirecast offers an option to create and automate playlists - even with live shots - by modifying the duration of each shot. Playlists also can be used to create highlight reels after capturing Instant Replays.
Cons
Con No longer being developed
Last update was in 2014,
Con In Alpha
Con Doesn't work on Windows XP
Con Windows only
Con Expensive
Costs $495.