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Amazon to Launch Kindle for Textbooks

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Dozens of newspaper and magazines subscriptions for Kindle are sold through Amazon, but some publishers have concerns about the arrangement. Amazon controls the relationship with subscribers and dictates pricing. In addition, the current version of the Kindle doesn't display ads, which newspaper and magazine companies rely on for revenue.

That has spurred some publishers to back Kindle alternatives and to pursue mobile reading options for smartphones and other portable gadgets. Hearst Corp. is investing in a start-up that's developing an e-reading device, and News Corp., owner of Wall Street Journal publisher Dow Jones & Co., is mulling a possible investment in a Kindle competitor. Plastic Logic Ltd. said that it will conduct a trial launch of its 8.5-by-11-inch reading device this summer with the Detroit Free Press and Detroit News, daily papers that recently stopped delivery of their print versions most days of the week.

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