Andre Yoskowitz
22 Jan 2013 22:46
Google has noted today that Psy's blockbuster 'Gangnam Style' made over $8 million in revenue from the video sharing site.
Gangnam is the most-watched YouTube video of all-time, reaching 1.2 billion views since its launch in the summer of last year.
CBO Nikesh Arora boasted the figure during the company's quarterly earnings report.
Originators of videos normally keep 50 percent of the revenue after a certain point, which implies that Psy and his label have made $4 million just from YouTube in the last 7 months.
This figure does not include iTunes, streaming or other forms of revenue generation but it seems that Psy had a very good year.