Legal downloads, CDS
Gangnam Style has been downloaded 2.7 million times in the U.S. and has been the No. 1 or No. 2 seller for most weeks since its debut, according to Nielsen SoundScan.
The song sells for $1.29 on Apple’s iTunes Store, the market leader in song downloads. Apple generally keeps about 30 per cent of all sales, so the PSY camp could be due more than $2.4 million.
How much PSY keeps and how much goes to his managers, staff and record label is unclear. South Korean industry insiders said PSY likely gets 70 per cent and YG Entertainment 30 per cent for U.S. downloads.
But earnings from downloads in PSY’s homeland are far from an embarrassment of riches.
South Koreans pay less than $10 a month for a subscription to a music service that allows them to download hundreds of songs or have unlimited access to a music streaming service.