who - PSY, korean singer, 

What - above all the people cheering him on

where - at a concert in new york city 

when -  December 31 at midnight right before new years 

why - famous for a famous catchy internet phenomenon

how - PSY being supported by a crane, carried above all the people

background - PSY quickly became known all over the world for his song Gandam style put him in the top songs of 2012

sentence #1

A korean singer known as PSY is being carried around in a crane above the people that came to see him in the New Years concert in New York city. 

Sentence #2

PSY became famous world wide by a catchy song named Gandam Style, which reached the top 100 pop songs of 2012.