The splitting function finally comes back. There is no more “Split” mode. To enable splitting, simply go to Time tab for the splitting options (by time and by number of segments). The splitting operation is performed on-the-fly while transcoding is proceeding, so it’s fast.
There are still some limitations though. Splitting currently does not work with multi-pass encoding and segmental encoding (SVE). The file relocation options are not working when splitting is enabled. These will be improved soon later.