Google: "Gangnam Style" has generated $8 million on YouTube views
Google's chief business officer Nikesh Arora reported during their financial conference call with analysts that the music video for the hit song "Gangnam Style" has now generated over $8 million in online advertising deals. As we all know, the video from Korean pop singer PSY became the most viewed YouTube video of all time a few months after it went live in July, and has now passed one billion views. The video currently has over 1.2 billion views on YouTube.
It is estimated that PSY gets around half of the money generated from all those views on YouTube, but he has certainly made a lot more from the video's popularity. The simple act of uploading Gangnam Style to YouTube made him an international pop star almost overnight.
Google also announced that the fourth quarter of 2012 saw the company make a total of $14.42 billion in revenue, up 36 percent compared to the same period a year ago.
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DLTPosted:
That's a lot of money just from YouTube, that doesn't even account for how much he would have made from things like iTunes.
skeletorbxPosted:
This song has been playing on the radio everyday for months
I really hate this song
I really hate this song
SovietRussiaPosted:
That's ridiculous. Ontop of the base 8 mil they made they've gotten ALOT of other benefits.
MortarPosted:
Personally I dislike the song, but bloody hell, it really did go viral. Good on him for accomplishing such an achievement.
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