Gangnam Style earns $9.8m for YouTube: Google

 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.