On Nov. 22, the director of Xingfeng Media, a star agency in Beijing said that Korean megastar PSY, who is internationally known for his hit music video "Gangnam Style", has received an invitation to perform at China Central Television (CCTV) Spring Festival Gala.

Hunan TV New Year's Eve performance?

Rumors have been spreading that CCTV, Hunan TV and Jiangsu TV all invited PSY to perform for their New Year's Eve specials by offering staggering amounts of money.

PSY's first show in China will be hosted by Hunan TV, and the final details are being discussed at this time, according to Xiaoxiang Morning News. Leaked information indicates that this could happen as soon as Dec. 31, 2012.

However, Liao Siyong, the director of Xingfeng Media, denied the news. He said: "This is mere speculation and is impossible." He said that PSY's requested fee is three times that of Jay Chou. "Jiangsu TV has already printed advertisements using PSY's image and is willing to pay one million USD, which is enough to sign PSY for an entire year," he added.

However, the director said PSY's biggest desire is to perform during the CCTV Spring Festival Gala next February. He said: "Even if the CCTV Spring Festival Gala pays nothing, he is still willing to perform."

Unveiled on New Year's Eve

Liao told a reporter from West China City Newspaper that the CCTV Spring Festival Gala had already invited PSY, and he is not allowed to appear on other satellite TV channels until the CCTV Spring Festival Gala. The US$100, 000 deposit paid by the Liaoning Spring Festival Gala to PSY has already been returned.

PSY's first China appearance at CCTV's Spring Festival Gala will command public attention and support. However, PSY's latest performance fee runs at 300 million RMB for 30 minutes and a private jet, according to Xiaoxiang Morning News.

Ma Xing, spokesperson for the 2013 CCTV Spring Festival Gala, said that an official announcement won't be made until Chinese New Year's Eve on Feb. 9th, 2013.

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