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"Ultimately we are paying for the value of the content..."
For me, that's the whole basis for the discussion. I have to deal with drm/geo restrictions. I can't loan, gift, or sell the product, in fact the seller will not even sell it to me, he "licenses" it to me, and can take it away at any time if he so chooses. The agency cartel publishers are selling this product as though it has the same "value", but it doesn't.
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