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One of the problems lies in the targeting of the devices.
For example the PSP would be a very nice ebook reader, but Sony earns the money from the games so implementing an ebook reader would make the customers buy less games.
Another problem are the book publishers which seem to think only in terms of stealing eh being robbed by their customers.
They try to achieve a pay-per-read model through DRM and forget that they thrived for centuries with books available in libraries.
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