It seems that a change in 4.16 prevents OBS Studio from capturing it, this also affects Paragon. I have attempted to fix this on OBS side, but have not been successful so far. I could really use some help identifying what changed from 4.15 to 4.16 that could have caused this.
I’ve tried to figure out what exactly was changed, but the git history combined with the lack of understanding Unreal Engines backend rendering model make this very difficult.