'Gangnam Style' earns $8 mil for YouTube: Google

Google said the YouTube page showcasing the “Gangnam Style” video by South Korean rapper Psy has reaped more than $8 million in ad revenue.

Google Chief Business Officer Nikesh Arora revealed the figure Tuesday while discussing the money-making potential of YouTube during a quarterly earnings call with financial analysts.

Ad revenue from popular YouTube videos is shared with creators of the content.

In December, “Gangnam Style” became the first video to break a billion views on YouTube, marking a historic milestone on the Internet.