Despite those positives, shares in Fubo fell 17% just after the opening bell.

Weve taken two very different roads, Gandler said of Fubo and YouTube TV.

Local news programming is widely available on FAST channels and online, Gandler said.

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Under no circumstances is this programming required given the retention levels weve seen.

Stations and the online grid are both trying to get paid, Gandler complained.

The problem is that everyone is looking to double-dip, he said.

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