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Interestingly, it's mostly from things not directly connected with either his music or video: The AP story quoted above goes on to give a detailed breakdown of where that money comes from.
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An even bigger dollop of cash will come from TV commercials.įrom just those sources, PSY and his camp will rake in at least $8.1 million this year, according to an analysis by The Associated Press of publicly available information and industry estimates. With one song, 34-year-old Park Jae-sang - better known as PSY - is set to become a millionaire from YouTube ads and iTunes downloads, underlining a shift in how money is being made in the music business. A couple of months back, Mike wrote about how Psy's relaxed attitude to people infringing on his copyright helped turn Gangnam Style into one of the most successful cultural phenomena in recent years, and that includes becoming the most-viewed video on YouTube ever.Īh yes, the maximalists will retort, this free-and-easy, laid-back approach is all very nice, but it doesn't put food on his table, does it? If you want to make a living from this stuff, you've got to enforce copyright to stop all those freeloaders ruining your business.