No, they exist because they do.
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This came up when we were playing online the other night. I mentioned to Gabe that the LendMe feature didn't extend to all books, and he was surprised to learn this, as "lending" a book digitally removes it from your device. It is, in many ways, like lending a person a real book. I suggested to him that this was precisely what they didn't like - you have to warp your mind to perceive it, to understand why a publisher of books would hate the book as a concept, but there you have it. They don't like that books are immutable, transferable objects whose payload never degrades. A digital "book" - caged on a device, licensed, not purchased - is the sort of thing that greases their mandibles with digestive enzymes.