Gangnam Style, which is racing towards 1 billion views on YouTube, will net pop star Psy at least $7.9 million this year, according to a report
Despite the unprecedented YouTube success of Gangnam, Psy won't even make $1 million from the video itself. The Associated Press cited TubeMogul, a video and ad-buying platform, which estimates Psy will make $870,000 from ads shown during the video. Google takes about half of the ad revenues. With about 880 million views for the video at present, that nets out to $0.001 - one-tenth of one cent - per view.
