Why Sony Lost the Battle of the E-Book

Ever since Sony lost the battle between its Walkman music player and Apple’s iPod, it has been trying to strike back. This week, it paid $900 million to take full control of Sony-BMG, its music joint venture with Bertelsmann. Sir Howard Stringer, Sony’s chief executive, wants to make it as easy as possible to download or stream music and films to all of Sony’s electronics devices, from Bravia televisions to PlayStation 3 consoles.

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