Psy’s hit pop song Gangnam Style has reportedly made more than $8 million from YouTube alone. The clip is already the most watched video on the service; it earned that title back in November when the song topped a hit from Justin Bieber. The news was made official by Google’s chief business officer Nikesh Arora following Google’s fourth quarter 2012 earnings, which were published after the markets closed on Tuesday evening.
The video currently sits with more than 1.23 billion views. To clarify a bit, Psy himself doesn’t keep the entire lot of cash. Instead, Psy and his recording partners probably took home about $4 million, Quartz said, while Google pulled in the remaining $4 million. Still, the math suggests that Psy and Google pull in a combined $0.65 per view at this point, Quartz noted.
[Source: TechnoBuffalo]