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Sony announced that it is closing its Reader store in the US and Canada towards the end of March, and all Reader accounts (including their library content) will be moved to Kobo’s platform. Sony says the migration process will be painless, and hopefully it will be so.
Sony will also install Kobo’s application on select Xperia devices. This sounds like a good deal for Kobo. It’s a shame to see Sony taking this step – they were once the leaders in e-readers (back before Amazon launched their Kindle).