While cord-cutters of traditional pay TV continue to be a big problem, analysts worry about another troublesome metric: Consumers who still have a legacy pay TV bundle but now watch dramatically less linear TV.
Inscape refers to this group as “quiet quitters” -- household members who have sharply reduced their cable/satellite viewing time -- but still pay for their legacy TV bundle.
In the second quarter of this year, 9% of U.S. pay TV households (6.3 million, according to industry estimates) have reduced viewing by 75% from the year before. Another 8.5% (5.95 million) have reduced viewing by 50% to 75%.
Inscape, a major provider of TV measurement that is mostly done through automated content recognition (ACR), says these are households that watched at least six minutes of cable and satellite viewership in each of the last four quarters.
According to other data from Inscape, streaming share of viewing is now 2.9% higher to a 53.8% share in the second quarter versus the same period in the year before. Overall cable and satellite viewing is down by about the same amount -- 2.7% -- to a 37.1% share.
Other sources show the over-the-air/antenna TV share has slipped to 3.7% from 4.4%. TV viewing through gaming consoles has inched up to 5.4% from 4.9%.
What remains for cable and satellite TV services?: News and sports programming. Over 76% of all sports viewing comes via cable/satellite and over-the-air, with over 85% of news TV viewing from cable/satellite/over-the-air.
Only 23% of all sports viewing -- and 15% of news viewing -- is on streaming services. Inscape says the streaming data includes vMVPDs and sports and news-focused apps.
Inscape’s viewing data comes from over 22 million opted-in smart TV devices nationwide -- which includes gaming consoles, antenna, cable, satellite, apps, FAST channels and connected devices.