'Gangnam Style' makes $8m on YouTube

The success of Psy's K-Pop hit 'Gangnam Style' continues to confound everything we thought we knew about the music industry. We thought a South Korean pop song would never be a global hit; we thought no-one could be an international music mega-star through the power of YouTube alone; and we thought no-one would ever be a bigger online music sensation than Justin Bieber.

Now, after clocking up more than a billion views online, Psy has thrown another universally acknowledged truth out of the window: he's made a fortune from YouTube views.
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