My understanding
My understanding is that B&N used a DRM system (with the "social key") that was not compatible with the Adobe one, but that Adobe recently added it to their "Content Server" suite, which allows them to "embrace" the B&N DRM and render "updated" ereaders to read B&N drm-ed books. Nowhere do I see that B&N changed the DRM they use on the ebooks they sell. Has that situation changed in the last months ?
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