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Psy’s riches from ‘Gangnam Style’ not made at home

<!– google_ad_section_start –> As Gangnam Style gallops toward one billion views on YouTube, the first Asian pop artist to capture a massive global audience has become richer click by click. So too has his agent and his grandmother. But the money from music sales isn’t flowing in from the rapper’s homeland South Korea or elsewhere in Asia. 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. An even bigger dollop of cash will come from TV commercials. <!– google_ad_section_end –>

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Psy’s riches from ‘Gangnam Style’ not made at home

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7 For All Mankind, a division of VF Contemporary Brands
Saks Fifth Avenue
AHAlife.com
Saks Fifth Avenue
7 For All Mankind, a division of VF Contemporary Brands
Bren-Books.com, Modern first editions and collectible fiction<

bren-books.com, Modern first editions and collectible fiction

US iTunes, App Store, iBookstore, and Mac App Store
J&R Computer/Music World
Burberry
New July 2013
7 For All Mankind, a division of VF Contemporary Brands