Waterstones to Launch New eReader

The UK bookstore chain Waterstones announced today that it plans to release its own eBook reader.

James Daunt, Waterstones’ new managing director, mentioned in a radio interview that he was inspired by the Barnes & Noble Nook, which he sees as the one device to truly challenge the market dominance of the Kindle. Daunt is relatively new to Waterstones; he was brought on board after the bookseller was bought out by the invest group led by Alexander Mamut.

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