We considered this a foregone conclusion, but the LATimes reports that Apple’s iBookStore will encrypt book purchases with Apple’s Fairplay DRM.  Let’s look at the alternatives:

Some book sellers won’t want to protect their content, but obviously most of the content coming out of the big publishing companies needs to be protected, otherwise, those $15 bestsellers will instantly be iChatted everywhere on earth.

So there will be DRM of some sort, obviously.

Next, what kind of DRM will Apple use? Will Apple license Adobe’s ePub DRM format?  Perhaps some other company has some DRM software that will work

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