via MediaLife Magazine
By Toni Fitzgerald
March 20, 2017
Cord cutting is a really big deal.
While there is numerical evidence to back up the fact that a small number people are dropping their pay TV subscriptions, including quarterly data on subscriber losses dating back several years now, some of the evidence is also anecdotal.
It’s people saying they intend to cut their subscriptions, but then not actually following through. And that’s become more and more common as the idea of cord cutting has gone mainstream.
That’s the suggestion of a new report from Crimson Hexagon, a social media analytics company, which tracked cord cutting discussions across social networks.
Its most intriguing finding: Discussion of cord cutting is way more common than actually cutting the cord.
The study began tracking mentions of cord cutting back in 2013. At the end of that year, Crimson Hexagon recorded roughly 20,000 posts about it.
Just a year later, that had increased to 120,000.
Discussions have fluctuated from 80,000 to 70,000 per quarter since then. They then spiked again to 120,000 during third quarter of last year.
Yet Crimson Hexagon found that, during that same time, the number of cable households rose very slowly and didn’t come close to even doubling, let alone rising sixfold.
That means most people who float the idea of cord cutting aren’t following through.