YG Entertainment CEO Yang Hyun Suk expressed his thoughts of Psy ranking number 64 on the Billboard Hot 100 chart.

Psy's "Gangnam Style" was at number 64 on the Billboard's single chart HOT 100. This is the second time a Korean artist has ranked in the HOT 100. Wonder Girls had ranked number 76 on the chart in 2009 with their song, "Nobody."

The different with Psy is that his song is fully in Korean and it has still ranked in the HOT 100. Yang Hyun Suk commented, "It is shocking to see him in the top 100 list. From what we are seeing now, it is only a matter of time before he starts climbing higher on the charts."

Psy's high ranking on the iTunes and other music charts has helped him to be in the HOT 100. He has also signed a contract with Justin Bieber's agency.

Yang Hyun Suk commented, "There is nothing confirmed yet for Psy's U.S. album. Psy and Scooter Braun are still in discussion for U.S. promotions. Psy will continue to appear on various shows in the U.S."

Yang Hyun Suk continued, "Sooner or later, Psy's 'Gangnam Style' will reach number one on iTunes and in the Top 10 on the Billboard charts."

"Gangnam Style" has currently reached number 4 on the iTunes chart.