PSY (Gangnam Style) bound to become a millionaire thanks to Youtube

[Elandyll]

http://music.yahoo.com/news/cashing-...--finance.html

SEOUL, South Korea (AP) — As "Gangnam Style" gallops toward 1 billion views on YouTube, the first Asian pop artist to capture a massive global audience has gotten richer click by click. So too has his agent and his grandmother. But the money from music sales isn't flowing in from the rapper's homeland South Korea or elsewhere in Asia.
With one song, 34-year-old Park Jae-sang — better known as PSY — is set to become a millionaire from YouTube ads and iTunes downloads, underlining a shift in how money is being made in the music business. An even bigger dollop of cash will come from TV commercials.
From just those sources, PSY and his camp will rake in at least $7.9 million this year, according to an analysis by The Associated Press of publicly available information and industry estimates. But for online music sales in South Korea, he'll earn less than $60,000.

Oh man ...

Well, at least it's good to know that artists can benefit from Youtube copies/ parodies without having to crack down on users (if the artist opts for the shared revenue instead of the banhammer that is)

[Asian Hawk]

Good for him! I had his first album Psycho World back in 2001, wasn't my favorite, but it was fun. It's good to see him enjoying some international success after years in the business.

[Nielsb90]

Originally Posted by Arch Stanton

Good for him! I had his first album Psycho World back in 2001, wasn't my favorite, but it was fun. It's good to see him enjoying some international success after years in the business.

You hipster, you! Sure you didn't own it on vinyl?












....

[Galactus]

After this he probably won't get anything.

Gangnam Style Rapper Rapped About Killing Americans

[PrivatePixel]

Originally Posted by Galactus

After this he probably won't get anything.

Gangnam Style Rapper Rapped About Killing Americans

If the story had broken earlier, there's no doubt that the video's popularity on YouTube would have been impacted, but as it stands, for better or worse, he's already earned his keep this year (from ad-generated revenue, downloads and endorsement deals), which is well into the millions. Even if he disappeared from the entertainment scene, he should have enough from this year to live comfortably.

[Chloenator]

Easily the WORST and most overrated song of 2012!

[PrivatePixel]

Originally Posted by Sad Beautiful Tragic

Easily the WORST and most overrated song of 2012!

There's quite a few to choose from this year, for any number of reasons. On the one hand, Carly Rae Jepsen's "Call Me Maybe" was the most parodied (and on my list for the most overrated), but more than anything, I'm still scratching my head over the popularity of Maroon 5's "One More Night". I like the band and their past singles, but there's nothing remarkable about its composition or the lyrics (the video was at least watchable, I'll give them that), and I've never heard it on the airwaves from Top 40 radio stations while it was at #1; for me, it was the worst song to attain #1 status this year.

Different strokes for different folks.

[Galactus]

Originally Posted by PrivatePixel

If the story had broken earlier, there's no doubt that the video's popularity on YouTube would have been impacted, but as it stands, for better or worse, he's already earned his keep this year (from ad-generated revenue, downloads and endorsement deals), which is well into the millions. Even if he disappeared from the entertainment scene, he should have enough from this year to live comfortably.

Its dumbass song/video anyway. I only watched it once and I felt like kicking the crap outta him.


I'd rather have Call Me Maybe I'm Not a fan of that either but its the lesser of the two evils.

[Chloenator]

Originally Posted by PrivatePixel

There's quite a few to choose from this year, for any number of reasons. On the one hand, Carly Rae Jepsen's "Call Me Maybe" was the most parodied (and on my list for the most overrated), but more than anything, I'm still scratching my head over the popularity of Maroon 5's "One More Night". I like the band and their past singles, but there's nothing remarkable about its composition or the lyrics (the video was at least watchable, I'll give them that), and I've never heard it on the airwaves from Top 40 radio stations while it was at #1; for me, it was the worst song to attain #1 status this year.

Different strokes for different folks.

I actually like Carly Rae Jepsen. I know Call Me Maybe can be considered overrated because during the summer, radio was constantly playing that song. I own her album and it's actually pretty good. I don't particularly like Maroon 5, but I can tolerate them. PSY is just really annoying to me. I don't like the song at all and the dance is really dumb. Yeah, let's dance around on stage like a horse, wave our arms and act like a complete jackass!

[Nielsb90]

Originally Posted by Sad Beautiful Tragic

Easily the WORST and most overrated song of 2012!

Nah that title definitely goes to anything Taylor Swift released this year..

[Hayabusa85]

Catchy song and entertaining video. But this makes me scared how much we have made people for songs like Friday that went viral from being so bad

[blurayisnice]

Lets make the worst song ever and become millionaires

[Hayabusa85]

Blu-Balls The Musical

[Chloenator]

Originally Posted by Nielsb90

Nah that title definitely goes to anything Taylor Swift released this year..

I'd rather listen to Taylor Swift than Bad Religion anyday.

[PrivatePixel]

Originally Posted by Hayabusa85

Catchy song and entertaining video. But this makes me scared how much we have made people for songs like Friday that went viral from being so bad

There aren't enough adjectives and superlatives in the dictionary to express how much I despise that "Friday" song, and the YouTube vidiots that propelled this into the spotlight.

[Nielsb90]

Originally Posted by Sad Beautiful Tragic

I'd rather listen to Taylor Swift than Bad Religion anyday.

I sure hope you would since you are a huge fan..

I was totally trolling you.. I have been in that kind of mood lately.. I just remembered you being a huge TS fan so I thought I would poke you with a stick to see what would happen..

Not much apparently.. But hey - you know who Bad Religion are so thats a start