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Old 10-03-2012, 07:41 AM   #1
Grapesoda
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'Gangnam Style' the $50 million meme?

http://news.cnet.com/8301-17938_105-57523654-1/gangnam-style-the-$50-million-meme/

While it might be impossible to put a dollar value on awesomeness, the epic rise of the meme surrounding South Korean rapper Psy's "Gangnam Style" sensation gives us an opportunity to try.

Right now, Psy's music video has more than 337 million views on YouTube, making it the ninth most watched video of all time, and one that's quickly advancing on Justin Bieber in position eight. It's also topped the U.K. charts, garnered over 2 million Facebook Likes, and inspired a Klingon version.

How much is all that viral, meme-licious goodness worth in real-world currency? Quite a bit, it turns out.

Serial entrepreneur Jason Calacanis estimates that the YouTube views alone have generated at least $600,000, and perhaps more than a million bucks. Here's how he breaks it down in his e-mail newsletter:

Math is fairly simple, as partners tend to net out at $2 CPMs on YouTube. It is likely that the last 100M views were sold out at a higher CPM as the trend broke out. My guess is: $2 for the first 200k views ($400k), then $8 for the last 100M (another $800k for the last 100M views). Total? $1.2M in revenue -- or $20k a day.

That doesn't include the nearly hundred million additional views of a handful of other videos of live performances and other clips that have been posted on Psy's official YouTube channel since "Gangnam Style" hit. That means it's within the realm of possibility that "Gangnam Style" has become a $1.5 million revenue stream for the South Korean pseudo-rapper over the past few months.

Add over 600,000 iTunes downloads and you're quickly approaching $2 million.

But that's not all.

Reuters recently reported that after "Gangnam Style" became a sensation, the stock value of South Korean semiconductor company DI Corp surged, eventually doubling the market capitalization of the company, which is controlled by Psy's father, Park Won-ho.

So how much is "Gangnam Style" -- and by extension, the pinnacle of awesomeness -- worth? Well, if we count the Psy stock market bounce, we're looking at upward of $52 million, and that's not including the intrinsic value of the brand it's created, and a multitude of revenue streams from shows, merchandising and other licensing deals that I have no numbers for.

That's a lot of scratch. Maybe it's time to bust out the old Flip cam and a fluorescent blazer, brush up on my old pop 'n' lock moves, and make a million (or 50).
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Old 10-03-2012, 07:57 AM   #2
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and who says Free dosent sell
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Old 10-03-2012, 08:03 AM   #3
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Robbie told me this Gangnam video was not really popular.
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Old 10-03-2012, 08:06 AM   #4
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bullshit, cough, cough
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Old 10-03-2012, 08:17 AM   #5
seeandsee
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nice, now kids go and make new viral shit
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Old 10-03-2012, 09:51 AM   #6
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http://www.collegehumor.com/video/68...m-style-parody
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Old 10-03-2012, 09:53 AM   #7
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Wanna start a meme? Throw yourself out of a window, wearing a squirrel costume.
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Old 10-03-2012, 10:01 AM   #8
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Time to short DI Corp ;)
http://www.reuters.com/article/2012/...88O03Z20120925
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Old 10-03-2012, 10:03 AM   #9
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Wonder who will be the first to make a porn gangnam style vid
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Old 10-03-2012, 10:07 AM   #10
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Originally Posted by PornerBros View Post
Wanna start a meme? Throw yourself out of a window, wearing a squirrel costume.
hehe cute little fella
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Old 10-03-2012, 10:16 AM   #11
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Wanna start a meme? Throw yourself out of a window, wearing a squirrel costume.
Ahahahahahahahahahahahaha!
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Old 10-03-2012, 10:21 AM   #12
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Wanna start a meme? Throw yourself out of a window, wearing a squirrel costume.
Fuck that is a big jump
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Old 10-03-2012, 10:34 AM   #13
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Wanna start a meme? Throw yourself out of a window, wearing a squirrel costume.
Holy shit !

Imagine that landed on someone's head down below...
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Old 10-03-2012, 10:41 AM   #14
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wow, did not expect that jump to end well
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Old 10-08-2012, 05:15 PM   #15
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What if youtube video is embeded? Then you do not get money per views since no ads are displayed.. At least thats what I read.
And its not good to include that stock thing into that.
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Old 10-09-2012, 10:33 AM   #16
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i'll do gang-bang style!
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Old 10-09-2012, 10:59 AM   #17
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Wanna start a meme? Throw yourself out of a window, wearing a squirrel costume.
Nice jump
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