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Don't let the corporations tell you otherwise
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Huh. Never quite looked at it that way, but you are right. I can see how physical book is a form of a license to read a literary work. It is however naturally impossible to revoke. It would be the same if digital content had no DRM - which is generally not the case.
So I guess DRM and you not being able to download and use content outside the company's ecosystem is the real issue here.