PSYsWorld.com Mail RSS Twitter Facebook
HomeGossip Published August 26, 2012 10:32 AM EDT

Psy's Profit from 'Gangnam Style' Estimated to be $10 Million USD!

In the midst of the worldwide movement of "Gangnam Style", it has been predicted that Psy could earn a profit of over $10 million USD with just one song at this rate.
COMMENTS PRINT
Psy's "Gangnam Style"
Psy's "Gangnam Style" (Photo : YG Entertainment)

In the midst of the worldwide movement of "Gangnam Style", it has been predicted that Psy could earn a profit of over $10 million USD with just one song at this rate.

Like Us on Facebook

Based on the data provided by the Gaon Charts, Psy has raked in profits of $360,000 USD just from music downloads and $350,000 USD from albums sales and $42,000 USD from streaming. Of course these numbers are only increasing as time goes by and Psy becomes more and more famous. In total, he has earned about $76,000 USD just from one song.

Psy's "Gangnam Style" is still maintaining its spot in the number 1 spot in various music charts. Seeing the growing popularity of "Gangnam Style" around the globe, it is possible that Psy will earn about $1.5 to $2 million USD.

Also, approximately 30,000 people attended Psy's concert "The Wetter Show" on the 11th at the Seoul Olympic Stadium. From the single concert, Psy's profit has been estimated to be around $3 million USD.

Psy's endorsement deals cannot be taken out of the picture when it comes to estimating his profits. Psy receives around $400,000 to $500,000 USD per advertisement. According to a representative from the advertisement industry, Psy has signed about 10 endorsement deals just after "Gangnam Style." Psy will probably earn a profit of about $5 million USD just from his endorsement deals.

In addition, when Psy's promotion activities and appearances are taken into consideration, he probably already earned somewhere around $10 million USD just for his song "Gangnam Style."

Meanwhile, Psy has met with the representatives of international pop star Justin Bieber and seems to have made plans of creating a collaboration project together. Sources revealed that Scooter Brown, Justin Bieber's manager, suggested making a re-make version of the song "Gangnam Style" in an international version. 

comments PRINT

Latest Psy News

Psy Heads To China For 3 Lunar New Year TV Appearances
Adele Breaks Psy's Record To 1 Billion YouTube Views With 'Hello'
Psy's Viral Success Continues As Music Video For 'Daddy' Surges Past 100 Million Views
SBS 'Inkigayo' Round-Up: Gary Win #1 On The January 10, 2016 Episode
Rain Performs With World Renowned Chinese Concert Pianist Lang Lang

Latest Kpop News

6 EXO B-Side Tracks To Check Out Before The EXO'luXion Tour Hits North America
K-Pop Mixtape: January 2016 Disbandments
Spectacular Performances From Dal Shabet, 4Minute, G-Friend, And More For The February 6, 2016 Episode Of 'Music Core'
EXO's Kai Reveals His Unusual Way To Stay Comfortable On The Set Of 'Choco Bank'
Big Bang To Hit 8 Chinese Cities Next Month For 2nd MADE Tour Circuit

COMMENTS

Twitter
Facebook
Real Time Analytics