Gangnam Style earns YouTube $8m
- Published: 23 Jan 2013 at 14.47
- Online news:
SAN FRANCISCO - Google said Tuesday that the YouTube page showcasing the "Gangnam Style" video by South Korean rapper Psy has reaped more than US$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.
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