Category Archives: Entertainment

Gangnam Style Changes the Money in Music

As “Gangnam Style” gallops toward 1 billion views on YouTube, the first Asian pop artist to capture a massive global audience has gotten richer click by click. So too has his agent and his grandmother. But the money from music sales isn’t flowing in from the rapper’s homeland South Korea or elsewhere in Asia.

From YouTube ads and iTunes downloads, 34-year-old Park Jae-sang — better known as PSY — and his camp will rake in at least $7.9 million this year, according to an analysis by The Associated Press of publicly available information and industry estimates. An even bigger dollop of cash will come from TV commercials. But for online music sales in South Korea, he’ll earn less than $60,000.

Here’s how it works.

YOUTUBE

“Gangnam Style” with its catchy tune and much imitated horse-riding dance is the most-watched video on YouTube ever.

The viral video has clocked more than 880 million YouTube views since its July release, beating Justin Bieber’s “Baby,” which racked up more than 808 million views since February 2010. PSY’s official channel on YouTube, which curates his songs and videos of his concerts, has nearly 1.3 billion views.

TubeMogul, a video ad buying platform, estimates that PSY and his agent YG Entertainment have raked in about $870,000 as their share of the revenue from ads that appear with YouTube videos. The Google Inc.-owned video service keeps approximately half.

PSY and YG Entertainment also earn money from views of videos that parody his songs.

Google detects videos that use copyrighted content. Artists can have the video removed or allow it to stay online and share ad revenue with YouTube. In the last week of September when “Gangnam Style” had around 300 million views, more than 33,000 videos were identified by the content identification system as using “Gangnam Style.”

But since YouTube can be accessed from all over the world, wouldn’t Asia be responsible for a significant chunk of the $870,000? The countries with the second and third-highest views of the video are Thailand and South Korea.

“Ads rates vary depending on which country the video is played. Developed countries have higher ad rates and developing countries lower,” said Brian Suh, head of YouTube Partnership in Seoul.

And the country with the most views of “Gangnam Style?” The United States.

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 percent 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 percent and YG Entertainment 30 percent 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. That makes the cost of a downloaded song about 10 cents on average. The average price for streaming a song is 0.2 cent.

PSY’s cut for downloads is 14 percent. That falls to 7.5 percent for streamed songs. Yes, 7.5 percent of 0.2 cent. And that’s before PSY’s “Gangnam Style” co-composer take his share. The biggest cut goes to his agent and online retailers.

According to South Korea’s national Gaon Chart, “Gangnam Style” was downloaded more than 3.6 million times and streamed around 40 million times as of November. That adds up to a little more than $61,000.

It’s likely the fast fading music CD industry generated even smaller revenue. PSY’s 9 percent cut from sales of 102,000 CDs in South Korea would earn him $50,000 or more, according to an estimate by Kim Dong-hyun, a senior manager at Korea Music Copyright Association.

As for many other parts of Asia, illegal downloads and pirated CDS are so pervasive that only a small minority are willing to pay up for the legal versions.

TV COMMERCIALS

PSY has been jetting around the world, performing on shows such as “The X-Factor Australia” and NBC’s “Today Show,” but such programs usually cover travel costs and not much else, said Gary Bongiovanni, editor-in-chief of concert trade magazine Pollstar.

It is television commercials that are the big money spinner for the most successful of South Korea’s K-pop stars. PSY has been popping up in TV commercials in South Korea for top brands such as Samsung Electronics and mobile carrier LG Uplus.

Chung Yu-seok, an analyst at Kyobo Securities, estimates PSY’s commercial deals would amount to 5 billion won ($4.6 million) this year.

The money is cool. The products not so much. PSY is now the face of a new Samsung refrigerator and a major noodle company.

THE FAMILY

A fact little known outside South Korea is that PSY’s father, uncle and grandmother own a combined 30 percent of DI Corp., a company which makes equipment that semiconductor companies use to make computer chips.

It’s a stretch to plausibly explain how the success of “Gangnam Style” will boost DI’s profits but that doesn’t matter to the South Korean stock market. Perhaps inspired by the pure power of pop, DI shares surged eightfold from July after PSY’s hit reached No. 2 on the Billboard Hot 100 and No. 1 on the U.K. singles chart.

It was time to cash in for PSY’s grandmother, who sold 5,378 shares for about $65,000.

The share price has fallen since then but is still about double what it was before the release of “Gangnam Style.”

PSY’s agent YG Entertainment has also done well. Its share price is up about 30 percent since mid-July. The value of CEO Yang Hyun-suk’s stake has swelled to about $200 million, making him among the richest in South Korea’s entertainment industry.

THE FUTURE

The question now hanging over PSY is whether he will replicate the blockbuster success of “Gangnam Style” or end up remembered as a one-hit wonder.

“When this slows down, what comes next for PSY?” said Nielsen analytics vice president David Bakula. “Is it the evolution of a new musical style, something audiences are going to be craving en masse, or is it something that’s just a passing fancy?”

Analysts say “Gangnam Style” alone will not be enough to propel PSY into the ranks of musicians such as Adele and may not even be enough to make him the top-grossing K-pop star. That will depend largely on his upcoming album, which PSY said will be released in March.

Ryan Nakashima contributed to this report from Los Angeles.

Points to Judge When Deciding Among the Wedding Venues in Surrey

Every little girl dreams of their wedding day, they envisage their perfect dress, a dreamy location and an array of adoring guests. Nevertheless, in reality, planning these aspects are a lot more difficult than when you thought of them as a little child, especially, when it comes to picking the venue for your wedding reception. This article will help you by providing you with some of the best tips and guidance on what to look for when deciding on which of the many wedding venues in Surrey to go for.

The first and foremost thing, which you need to consider, is how much money you are able to set aside to pay for your wedding venue alone. Sit down and calculate a strict and precise budget for this aspect of the wedding planning. Obviously, you will want to have the perfect day and a stunning venue plays a massive part in this. However, this does certainly not mean that you have to pay ludicrous amounts of money in order to achieve this. Ensure that you find out if the venue is available for the entire day and/or night and if not, then how many hours of hire is included in the entire cost and how much it would cost for an additional time.

In addition to this, you might also want to find out whether the venue includes certain facilities and equipment you might require such as furniture, adornments and a catering service. A lot of people like to take care of these aspects themselves but it can be a lot easier, if they are all entailed with the venue you are hiring. It is worth finding out what extra services they can provide as you might find they have something, which appeals to you greatly.

Furthermore, one of the most important aspects to consider when deciding upon which of the wedding venues in Surrey to go for is the actual size of the venue. Many people often overlook this very simple factor but the truth is that it is of utmost importance. My advice is to calculate the approximate number of guests you are expecting to attend your wedding or wedding reception. You should then find a venue perfectly suited to this number. Obviously, you do not want something too small as everyone will end up feeling crammed and flustered. But, at the same time, you also do not want something too big. For one, this will cost you more money than necessary. But also, your venue will look too big and people will feel lost and the place will look much emptier than it actually is.

Satellite TV Providers – A Boon or a Bane?

DirecTVThe most pertinent statement – is satellite TV providers’ boon or bane for us. In our everyday life, while still signing up for services of satellite TV, we keep pondering will we receive what we have been promised? The answer remains under cover until we start facing problems or until we are satisfied with their products and services. However, the question lurks in every mind.

We are all aware that any fair business policy does not allow its owners to cheat its esteemed customers. But we even know for a fact now that there are just a handful of companies that run on these strict business policies and guidelines. In order to capture a huge consumer market and to have better control over stock market, most of the companies adopt deceptive measures to become a popular leader. But they hardly realize that this may have counter effect on its growth prospects.
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Summary Of DISH Network Corporation

DISH Network CorporationDISH Network Corporation is a direct broadcast satellite service provider and is the fourth-largest pay TV provider in the United States. It has its headquarters at Meridian, Colorado in the United States. Through its subsidiary, DISH Network L.L.C., the company provides highest quality technology and programming to over 14.3 million customers.

The company is the offspring of Echostar Satellite L.L.C., and was founded by Charles Ergen and his wife Candy along with their friend Jim DeFranco in 1980. Officially DISH Network was branded in March 1996. Today, the company boasts of launching many satellites, and there are other owned as well as leased satellites in its fleet presently.
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Stuntmen – Death by a Whisker

Hollywood is highly acclaimed for its stunt more than its movies and people are exited and thrilled watching these daredevil stunts and acts. Whether it’s a full burned stunt or whether it’s a car chase, audiences always like to enjoy these daring acts and the actor gets a mighty applause for his stuns.  rental agreement forms

Does the actor really perform these stunts? The answer is “NO”. These death defying stunts are performed by the doubles or the stuntmen who really work wonders and help the movies to come alive. They really risk their lives to create a curiosity and enthusiasm in the audiences mind. Though the stunt coordinator ensures that the stunts performed should be safe, but tragedies do hit the sets. There are many such junior stuntmen who were injured badly and stayed in hospitals for more than five weeks. Before joining the films, people are given special training on different categories of stunts so that they can perform well and could be free from injuries.
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