Gangnam Style earns $9.8m for YouTube: Google
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South Korean rapper Psy performs his hit Gangnam Style during a morning television appearance in central Sydney in this Oct 17, 2012 file photo. Google said Tuesday that the YouTube page showcasing the Gangnam Style video by Psy has reaped more than US$8 million (S$9.8 million) in ad revenue. -- PHOTO: REUTERS
SAN FRANCISCO (AFP) - Google 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.
