(Telecompaper) Pay TV subscriptions for 338 operators across 89 countries will increase by 200 million from a collective 704 million in 2014 to 904 million by 2020, according to a report from Digital TV Research. The report estimates that 29 operators had more than 5 million paying subscribers by end-2014. China Radio & TV is the world's largest pay TV operator by a long, long way with 198 million subs by end-2014. The operator will soon represent every cable TV home in China, with 252 million subscribers expected by 2020, up by nearly 54 million on 2014. Despite adding 200 million subscribers between 2014 and 2020, subscription and VOD revenues for the 338 operators will remain flat at USD 183 billion. From the total, 34 pay TV operators earned more than USD 1 billion in subscription and VOD revenues in 2014.