So too have his agent and his grandmother. With one song, 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. An even bigger dollop mjch cash will come from TV commercials. Mpney Google-owned video service keeps approximately half. Google detects videos that use copyrighted content. Artists can have the video removed or allow it to stay online and share ad revenue with YouTube. The countries with the second- and third-highest views of the video are Thailand and South Korea. How much PSY keeps and how much goes to his managers, staff and record label is unclear. That makes the cost of a downloaded song youthbe 10 cents on average.
How Much Money Can You Make on YouTube?
The phrase «Gangnam Style» is a Korean neologism that refers to a lifestyle associated with the Gangnam District of Seoul. The song and its music video went viral in August and have influenced popular culture worldwide. It became a source of parodies and reaction videos by many different individuals, groups and organizations. The term was listed in Time ‘ s weekly vocabulary list as a manner associated with lavish lifestyles in Seoul’s Gangnam district. People who are actually from Gangnam never proclaim that they are—it’s only the posers and wannabes that put on these airs and say that they are «Gangnam Style»—so this song is actually poking fun at those kinds of people who are trying very hard to be something that they’re not. The song talks about «the perfect girlfriend who knows when to be refined and when to get wild». In order to keep up with expectations, he studied hard to find something new and stayed up late for about 30 nights to come up with the «Gangnam Style» dance. During an interview with Reuters , Psy said that «Gangnam Style» was originally produced only for local K-pop fans. According to the news agency Agence France-Presse , the success of «Gangnam Style» could be considered as part of the Korean Wave , [32] a term coined by Chinese journalists to refer to the significant increase in the popularity of South Korean entertainment and culture since the late s.
So, just how much money did YouTube make from streaming Gangnam Style?
Korean popular music K-pop , considered by some to be the most important aspect of the Korean Wave, [34] is a music genre that relies on cultural technology to adapt to the tastes of foreign audiences and has now grown into a popular subculture among teenagers and young adults in many places around the world. The song has received mixed to positive ratings from music critics. Music journalist Bill Lamb from About. In his article, Benjamin introduced the reader to a couple of popular K-pop songs and wrote that «Gangnam Style» in particular, plays all the right moves sonically while «borrowing from LMFAO along the way». Hallie Sekoff of The Huffington Post quoted from the video’s official YouTube video description that the song is characterized by its «strongly addictive beats», and wrote that this is not too far-fetched, considering «how obsessed we’ve found ourselves. Despite its popularity, a few music critics including Robert Copsey from Digital Spy criticized the song for being monotonous. Cospey wrote that «you could slap an LMFAO tag on the cover and few would know the difference» [41] and Paul Lester of The Guardian similarly labelled it as «generic ravey Euro dance with guitars». Cha Woo-jin, a South Korean music critic, told The Chosun Ilbo that «Gangnam Style»‘s sophisticated rendering and arrangement has made it very appealing to the general public. In Japan, the song has met with considerable criticism. Immediately after its release, «Gangnam Style» was mentioned by various English-language websites providing coverage of Korean pop culture for international fans, including Allkpop [51] and Soompi.
An investigation reveals he could make significantly more money from YouTube than he ever might from music sales.
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Full-time blogger and affiliate marketing expert. How much you will get here will vary depending on many different factors, but especially your negotiation and bargaining skills. It’s the South Korean viral pop sensation that has taken the world by storm. Hottest Questions. The video should be interesting, informative and original. Hi Adam! Around the globe, five billion YouTube videos are watched every day. Promoting affiliate links can be a massive earning opportunity for channels that offer in-depth tutorials as well as insightful product reviews. Can you please write a guide about Amazon Influencers Program. Skull cup: Human heads were systematically butchered for their meat and ritually scooped out to leave behind Peloton’s hi-tech bike lets you stream live and on demand rides to your home — and it’s one of the best examples of fitness technology out there — at a price. Therefore the competition is pretty intense, and making a lot of money online becomes more challenging. This article is Worth sharing, kudos to you! There are plenty of opportunities for everyday people to make money from YouTube, creating great video content on their channels.
By Damien Gayle. It’s the South Korean viral pop sensation that has taken the world by storm. With its catchy pop beats, silly rapping and even more hilarious dancing, Gangnam Style has already been one of YouTube’s videos of the year, attracting a phenomenal million views in three months. Web engineer Amar Pradhu, who is not affiliated with the Silicon Valley-based search giant, made the estimate on Quorathe question-and-answer website.
He guesses that Google’s costs are similar to the charges for use of Amazon’s Cloudfront service, and makes his guess taking into account Amazon’s own profit margin for that business.
Taking into account YouTube’s various resolutions and supported devices and browsers, there are at least 80 different files must be encoded, stored and streamed for the 4 minute 15 second Gangnam Style promo, he says. Based on this the total amount of space required for holding all 80 different versions of the video at standard compression ratios is about 2.
Complicated: This table shows the various formats and codecs in which YouTube stores its videos. Next Mr Pradhu works out the cost of streaming the encoded files, which at the time he made his calculations had been viewed around million times.
Based on broadband and 3G network penetration rates, Mr Pradhu guesses that 63 per cent of users watch the videos in high resolution while the rest watch in lesser formats. Based on that, he comes up with estimates of 24PB total bandwidth consumed to stream in high resolution and 2. But that’s not the end of Google’s costs. The total that its YouTube business has spent hosting the static pages on which their videos are embedded also has to be taken account.
Mr Pradhu says that a standard YouTube page weighs in at about kb, plus another kb for thumbnails and other static resources. With a total size of the pages distributed for Gangnam Style adding up toAccess: This map shows the world wide distribution of high speed Internet connections, estimates Mr Pradhu used to calculate the coast of streaming Gangnam Style. Mr Pradhu’s revenue estimate for the song is based on the YouTube revenue sharing model for contributors. Mr Pradhu admits that his answer roughly estimates a huge number of variables, and he says he doubts that even Google itself could not give an accurate answer of the profit garnered from just one video.
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GANGNAM STYLE — How Much Money Gangnam Style Makes On YouTube 💰
How to Make Money on YouTube
Citations and figures have been corrected. Google allows creators to monetize popular YouTube videos by placing advertisements before the video you want to watch. For a video with 1. Of course, Psy doesn’t get to keep all of the money.
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Still, that’s a figure more than most YouTube sensations make. Six-figure prospects are certainly enough to tempt many a hopeful viral video creator. Creators, she said, aren’t limited to YouTube ads for moneymaking; Miller suggested commercial contracts, ma,e merchandising and TV appearances as other ways of cashing in. Psy has certainly raked in cash from «Gangnam Style» in ways that aren’t YouTube-related. US Edition U. News U. HuffPost Personal Video Horoscopes. Newsletters Coupons. Terms Privacy Policy. Part of HuffPost Impact.
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