Previously, an analysis by Associated Press had pinned the worldwide earning by artiste Psy through the viral hit Gangnam Style at $7.9 million. Since the creator of a YouTube video gets to keep half the money generated through ads, it looks like Psy and his recording company are now richer by $4 million with money from YouTube
Across YouTube, Google Search and other services, Google's top 25 advertisers now spend an average of more than $150 million per year. In a rare disclosure on the company’s fourth quarter earnings call, Google's Chief Business Officer Nikesh Arora revealed that the most-viewed video on YouTube of all times had made a killing in earnings off the video hosting site.Īnnouncing the milestone, Arora said, " Outside estimates say… (Gangnam Style) has generated over $8 million in all-in advertising deals." The video had over 1.23 billion views as of this article, which means that the video on average is generating 0.65 cents every time someone plays it.Īrora mentioned this statistics in relation to his explanation about advertising on Google. K-Pop sensation Psy's Gangnam Style has generated $8 million in revenue through YouTube alone, it has been revealed.
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