Psy Gangnam Style - New Dance As Follow-Up To 'Horse Dance' Viral Hit

South Korean singer-dancer Psy who is popular for his "Gangnam Style" is working on a new dance as a follow- up to his horsey dance.

Psy's "Gangnam Style" was an instant hit and has close to 1.3 billion YouTube views and four million plus sales in U.S. MTV News caught up with Scooter Braun, talent manager and owner of Schoolboy Records, who revealed that Psy is working on a new dance.

"In his country he's been doing this for 12 years and he's a superstar, selling out stadiums. They call him the 'king of the concerts' there. What's next? He told me he has another dance coming. For him it's about trying to make history with 'Gangnam Style.' Now he's excited to continue and he has another dance up his sleeve," said Braun.

He had told earlier in December that he will put an "end" to his horsey dance on New Year 's Eve.

"Being in Times Square on New Year's Eve is already special - it's the biggest stage in the universe - plus it's my birthday, so, with all that, it may be the ending of 'Gangnam Style. I mean, what better way to do it? It's my biggest and most meaningful birthday," said Psy to MTV News.

"The song became too popular, and so you start to have some concern about its life period," Psy said. "I'm really working hard on a new single right now ... In America I need a new single because 'Gangnam Style' got too popular, so I've got to write a new single."

Braun did not reveal what kind of dance he is presently working on but promised that it is worth the wait.

The boss of Schoolboy Records also confirmed rumors that rapper 2 Chainz has recorded a "Gangnam Style" remix with Psy.

"The rumors about that 2 Chainz Tyga remix is real," said Braun to MTV News. "There's also an Afrojack remix. People will get the remixes and he [Psy] will come with a new single and a new dance [when he's ready.] It's up to him."