
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.
