In this episode of Musonomics: how China's music market is going legit. Larry Miller of NYU Steinhardt talks to music executive Ed Peto who moved to China ten years ago to try and build a bridge between China and the western music industry. Now he runs Outdustry, a Beijing based music industry service company. Billy Koh, a popular judge on the TV talent shows and the founder and former CEO of the record label Ocean Butterflies, talks about how the financial crises in 2008 made China turn its eyes towards intellectual property.