the important hint is here mentioned:
CONFLICTS CAUSED BY AUDIO DRIVERS & OTHER APPLICATIONS
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- Capture One
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Just want to register my account to say thanks to your solution. I have captureOne 20 installed and it randomly crashed on me multiple time, can be within 5 mins to 1 hours flight.
With your dll rename fix, i am no longer experiencing crashes.
The state of modern software is really bad appearantly. This fixed the issue for me! Used to have CTD constantly after about 5 minutes of flight. The fact that a .DLL in Capture One 22 could be the culprit just shows how fragile and utterly bloated modern software has become.
This thing bit me again!
I recently updated to Capture One 22, and Iāve been having CTD in MSFS ever since. Random. Then I remembered this!
Renamed the codec, and so far so good! Thank you again @EmmaPeel7259 !!!
Weridest bug iāve come across. Thanks for saving me from uninstalling and never playing, because i was about 5 seconds away from doing so
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Just a quick PSA: there is a new Capture One update out. When you install this, it creates a new DLL that you AGAIN have to rename as per the OP.
I confirm !
I installed the update and had a CTD in MSFS. Checked for the dll, it was back. Renamed it again. Problem solved.
It has unfortunately now become part of my Capture One update process: install C1 update, rename file, carry on. I donāt even go into MSFS before doing that any more.
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Thanks a million times! Iāve been struggling for years now beeing unable to play the game since itās release. To think about it i lost so many hours of play not to mention my game pass subscripshion fee.
To finally find out that it there was a solution is such a relief! But also iām quite disappointed by how MS and Asobo adress common issues. That is outrageous.
I too can confirm this bug. After many hours of suffering CTDs and trying to find the root of the problem, I stumbled upon this thread. Renaming the offending dll seems to be the cure!
This just bit me again 
Installed Capture One 22 just after the latest MSFS update and got loads of CTDs. Reinstalled MSFS from scratch which took about a day, still got CTDs.
Then I remembered that Capture One 20 would cause CTDs, I wondered if Capture One 22 would do the same? And yes it didā¦ renaming the offending dll fixed the problem.
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And a big thank you to the OP EmmaPeel7259 for their post 13 months ago! 
This is a me too post.
Finally it seems I have the solution thanks to EmmaPeel7259.
Iāve used Capture One for years but no more.
A big thanks to EmmaPeel7259 for finding this. I can confirm this has cured my frustrating CTD around London City with MSFS2020. I have CaptureOne22 installed, renaming the dll has worked.
Wellā¦ had a lot of CTDās and really at a loss. Found this thread and been flying over Rio de Janeiro for over an hour, where previously when starting the discovery flight, the CTD was almost instant. What a relief!!
What I donāt understand is that this issue is seemingly pretty well known now and not that new, but zero feedback from Adobe nor a fix? This should be high on their radar no?
the feedback is given in FAQ in list of apps which cause issues. And a fix must come from ācapture oneā and or ānvidiaā ( both play finger-pointing together if you read the linked posts ).
Remember to make this change, once again, if you have now upgraded to CaptureOnePro 23.
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Thanks a bunch! It seems like this finally solved the CTD issue I had for the better part of last year. What a random bugā¦
Iāve only just discovered this topic. For the last year Iāve been exclusively Xbox because every time I try to play the game on PC I get CTD within minutes.
Yesterday I uninstalled Capture One 20 (which I rarely use these days) and ended up flying on PC all day and only had one lockup (and that wasnāt a CTD).
Thanks for discovering this issue.
I can confirm that this fix is also working with Capture One 12, as i only recently installed MSFS 40th ann edition and had on a regular basis these CTD crashes after 10 to 20 minutes of game time. Solved it ever since, following the DLL renaming.
Many Thanks !
Same situation here. I have Capture One 12 installed and the CTD issues that were driving me crazy have not repeated after renaming that file.
Thanks to everyone