Psy

This could be trouble. Just one day before he's scheduled to perform 'Gangnam Style' for President Obama at the Christmas in Washington DC 2012 concert, Korean rapper Psy is in hot water after an unconfirmed report surfaced suggesting that in 2004 he performed at an anti-American concert in Seoul, South Korea and rapped lyrics about "killing those f---ing Yankees."

Whether you love it or hate it, Psy is cashing in on his hit single 'Gangnam Style.' The undeniably catchy pop tune has helped the Korean star earn $7.9 million in 2012 alone.

The laws of pop physics state that what goes up must come down -- which means that Psy can expect one heck of a comedown after the massive success of the worldwide novelty hit 'Gangnam Style.' But that doesn't mean he's just sitting around waiting for everyone to get sick of his song.

With all of the amazing music that was released throughout 2012 came lots of awesome music videos. From Pink's tortured and emotive choreography in her 'Try' video to the insanity that is Psy's gloriously over the top 'Gangnam Style' clip, there has been a plethora of captivating visuals from 2012 that have stuck in our minds. We've narrowed down the lengthy list to 16 of 2012's most standout vide

This is both good news and bad news for Scooter Braun, who manages both K-Pop sensation Psy and teen superstar Justin Bieber. This weekend, Psy's video for his viral smash 'Gangnam Style' broke the Biebs' long-held YouTube views record.

'Glee' goes 'Gangnam.'

If you thought the surprise collaboration between Psy and MC Hammer at the American Music Awards was a one-time novelty gag, think again! The rappers are quickly becoming BFFs, and now they're recording new music together.

The fact that K-Pop sensation Psy, who shot to fame as a YouTube sensation, closed the 40th anniversary edition of the American Music Awards tonight (Nov. 18) with his viral smash 'Gangnam Style' was indicative of the times we live in. The AMAs may be four decades old, but they change with the times and are certainly embracing the digital age.

The 2012 American Music Awards brought out the best in music, but that doesn't mean it brought out a highlight reel for fashion. There were as many disasters and masterpieces on the red carpet, and some of them really surprised us.

'Gangnam Style' star Psy has already won a 2012 American Music Award in advance of this weekend's ceremony, but more importantly, he got to perform two songs onstage with Madonna at her Madison Square Garden concert on Tuesday!