Gangnam Style video hits 1bn views on YouTube, generated over $8.1 million in ad deals

Gangnam Style has now reached a record of a billion views on YouTube. YouTube says that a number of assessments and projections found that Gangnam Style has generated over $8.1 million in advertising deals, and hit more than 2.9 million in song downloads since July 2012. Since the end of November, the song has been bought on iTunes over 600,000 times helping to make PSY the first Korean artist ever to lead the US iTunes chart. 

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