Psy’s ‘Gangnam Style’ Earned $4M from YouTube

by Nikolozi Meladze

Quartz:

Considering that Gangnam style has, as of this writing, racked up 1.23 billion views on YouTube, that means the video is generating on average 0.65 cents every time someone plays the video. The creator of a YouTube video keeps about half of that money, which suggests Psy and his record company have earned about $4 million from YouTube.

That's insane!