'Gangnam Style' earned USD 8 mn for YouTube: Google

San Francisco: Google has said that the YouTube page showcasing the 'Gangnam Style' video by South Korean rapper Psy has reaped more than USD 8 million in ad revenue.

Google Chief Business Officer Nikesh Arora yesterday revealed the figure while discussing the money-making potential of YouTube during a quarterly earnings call with financial analysts.

Ad revenue from popular YouTube videos is shared with creators of the content.

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  Singer Madonna performed onstage with South Korean rapper Psy during Madonna's MDNA concert at Madison Square Garden in New York.

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  PSY joined Madonna and her troupe of dancers onstage to perform his hit song 'Gangnam Style'.

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  Psy or Park Jae-sang is a South Korean singer, songwriter and dancer popular for his humorous videos and stage performances. He has also appeared on several television shows.

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  Psy debuted with his album titled 'PSY...From the Psycho World' in January, 2001.

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  Psy has written many hit songs for other singers also. His most famous composition is Lee Seung Gi's debut song 'Because you are my woman'.

  AP Photo

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  'Gangnam Style' has been viewed for more than 267 million times on YouTube since its release in July, 2012.

  AP Photo

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  Known as Seoul's 'Beverly Hills', Gangnam is the most upmarket place in the South Korean capital and rapper Psy was raised in this part of the country.

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  Even after being so much successful, Psy calls himself 'a fat man'.

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  Psy has recently been given the American Music Award for New Media.

  Reuters

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  Psy shares the same manager as Justin Bieber and Scooter Braun.

  Reuters

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The song which refers to a trendy Seoul district spawned a mini tribute video industry, complete with copycats.

In December, 'Gangnam Style' became the first video to break a billion views on YouTube, marking a historic milestone on the Internet.

A counter on the YouTube page showed that the music video has been watched more than 1.23 billion times since it was uploaded in July of last year.

Kevin Allocca, YouTube's trends manager, attributed Psy's success 'to the universal appeal of catchy music and, er, great equine dance moves'.

'Gangnam' is estimated to have earned the rapper millions more from digital downloads, advertising deals and on-demand services.

The song which refers to a trendy Seoul district spawned a mini tribute video industry, complete with copycats.

The quirky star, whose real name is Park Jae-Sang, won adulation in his homeland for the global hit and was awarded one of South Korea's highest cultural honours, the Okgwan Order of Cultural Merit.

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