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Kobo Owner Rakuten Set to Take Over Distribution Platform OverDrive

Kobo Owner Rakuten Set to Take Over Distribution Platform OverDrive

Kobo parent company Rakuten will sign off on a deal worth $410 million to purchase digital publishing platform OverDrive in April. OverDrive is a library lending service which supplies e-books, audiobooks, music and streaming video to 30,000 libraries, schools and retailers across the world. Rakuten described the purchase as ‘phase two, giving Rakuten access to the e-book borrowing

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