Open Broadcaster Software (OBS) is a free and open-source program for live streaming and recording video content. It offers high-quality audio and video recording with customizable settings for resolution, bitrate, and frame rate. OBS also includes features like scene switching, chroma keying, and audio mixing, making it a popular choice for content creators on platforms like Twitch and YouTube. The latest version, 24.0.3, includes bug fixes and improvements to performance and stability.