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Publishers Scramble to Make Electronic Books a Reality

If one thing has become apparent in the new-media world, it's that corporate monoliths are more likely to be built than toppled. We can safely stow dreams of a democratized publishing industry in the slush pile along with all the other delusions of techno-utopia. But we can hold onto the hope that electronic publishing will give a rigid, elitist industry a taste of meritocracy.

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