"The Life And Times Of Prophecy"
Psy’s Worldwide Mega-Hit “Gangnam Style” is looking to pull in close to $10 Million Dollars for 2012.
The various sources of Revenue created by the single shows how new avenues and streams of income can be created with the right demand, and take advantage of the digital age we are living in. Ironically, it is the Digital Age itself that has struck the recording industry where it hurt the most… in Record Sales.
But Gangnam Style has become the Most Viewed and Most Liked Video in the entire history of YouTube… even beating out Prior Champ Justin Bieber. And ad revenues from the video alone are projected to make about $1 Million Dollars. The single has also been downloaded 3 Million times on iTunes at $1.29 a pop. Psy and his team and companies will be keeping about $3 Million from those downloads.
And then there’s the licensing of the song for use on commercials and to represent products… such as Korean Electronics Giant Samsung, which has used Psy to push their new Fridges.
Heck, Gangnam Style is an Economy within itself… even bringing up the value of the share price for DI Corp, a company which makes equipment for semiconductor companies.. of which Psy’s family owns 30%. The company saw its height at an 8-fold increase of its prior pricing, just as Gangnam Style was reaching its Worldwide Peak.
Oh yeah, and let’s not forget that this huuuuge success came about by the World’s Firsts Asian Music Artist to garner such Worldwide success and appeal. You have to admit, nobody could have ever admitted, or predicted that a song would play on the Radio where 98% of its words are in Korean.
So Props to Psy for making noticeable waves in the Industry… Waves strong enough to turn the tides of the way it feels about Asian Artists
Garry “Prophecy” Sun for SunOfHollywood.com
Apple may not have been able to stop the launch party of the Samsung Galaxy Tab 10.1 in West Hollywood at The Beverly, but that didn’t stop Rachel Sterling and Paula Labaredas from stopping the crowd dead in their tracks with their stunning good looks.
Trust me… These two girls in your path, are liable to stop anyone and anything. Matter of fact, I’m gonna stop writing.
Just take a look for yourself
Samsung brought out some Hollywood peeps to The Beverly in West Hollywood for the Official West Coast Launch Party for its Galaxy Tab 10.1 Tablet PC.
Some of the folks that made it out to the event included Dancing With The Stars Favorite, Karina Smirnoff.
Evan Ross, along with girlfriend Cora Skinner and BFF Ryan Cabrera arrived and left the party together.
WWE was representin’ with Torrie Wilson and Candice Michelle
The World’s Favorite Celebrity Journalist, Maria Menounos was on hand to sign autographs
Not to mention there were also some fresh faces on the scene, found in the exotic forms of Sara Balint, Casey Durkin and Kea Ho, daughter of Hawaiian Pop Singer Don Ho. Also spotted at the event were Entourage cast members Kevin Connolly and Emmanuelle Chriqui.
Let’s just all be glad that we had a chance to have this party, and that it didn’t get shut down, like how Apple halted the launch of the Galaxy Tab in Australia until they resolved their patent and legal issues.
Apple filed a lawsuit against Samsung claiming copyright, trademark and patent infringement from its Galaxy line of phones and tablets, claiming they are too similar to the design and operating system phone in Apple’s revolutionary iPhones and iPads.
Truth be told, there are definite similarities between the two phones. I myself own a Samsung Galaxy S 4G which I indeed love, but without a doubt, everytime I pull the phone out, everyone asks, “Is that an iPhone?” noting the similarities, yet apparent differences.
There are loads of developments coming out right now between the two companies, as to who came out with the phone design first, and who came out with the chip designs first. For sure this will be a fight to the finish.
But I also wonder what that will do with the impending merger between AT&T and T-Mobile, as AT&T is the first and main carrier for the iPhone before Verizon started carrying it earlier this year, and T-Mobile being the main carrier for the Samsung Galaxy phones and tablets. That’s like two moms that are best friends fighting over their kids.
The iPhone and Galaxy problems reminds me much of Apple and Windows, as Windows was made to emulate Apple’s user friendly operating system. We never saw Apple try to sue Windows, although that’s a history that requires several posts on its own.
Let’s see which 12 figure company wins