Live Streaming from THETA S into CyberLink PowerDirector
Update: 5/25 - Although live streaming from the THETA S works with CyberLink PowerDirector, it is not supported by CyberLink and results in a gap. This is to report that this “webcam” feature will not work effectively with the THETA S live streaming.
There is a gap in the video sphere. I contacted CyberLink to confirm that the THETA is NOT supported for this usage.
You can use OBS to record a longer 360 video in live streaming mode and then import it into CyberLink.
See this post on using that technique with OBS and Adobe Premiere Pro VR Mode. The technique should be the same with CyberLink.