5 December 2012 5:27 PM, PST | Digital Spy | See recent Digital Spy - Movie News news »

Psy will earn over £5 million this year as a result of the success of 'Gangnam Style', it has been estimated. The South Korean popstar is projected to earn £5.03 million ($$8.1 million) as a result of the track's international success, according to estimates reported by The AP. Psy's income from YouTube advertising revenue linked to 'Gangnam Style' is believed to be around £540,670 ($$870,000), and the singer and his management company are also entitled to a cut of income generated by parodies of the song. However, the (more) »

- By Kate Goodacre

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