YouTube earns $9.8m from Gangnam Style

23 January 2013 / 3 years 9 months ago

Source: AFPGoogle said Tuesday that the YouTube page showcasing the Gangnam Style video by South Korean rapper Psy has reaped more than US$8 million (S$9.8 million) in ad revenue.Google Chief Business Officer Nikesh Arora 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.In December, Gangnam Style became the first video to break a billion views on YouTube, marking a historic milestone on the Internet.

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