Profile... An eye for a good buy and a pocket full of cash

By now, you may have bumped into William Bao Bean at one of the myriad events that punctuate Asia's industry calendar. At last week's Music Matters conference in Hong Kong, for instance, where he stood up and explained to the assembled record label bigwigs why they only account for less than three per cent of the US$1.5 billion that is spent on digital music in China.