O’Reilly specializes in technical books and ebooks, including some camera and imaging related (eg Photoshop and LR and such). They were the vanguard of DRM-free ebooks. They are NOT going out of the ebook market, but they will stop selling ebooks individually on their website. They are instead focusing on their Netflix-style subscription service where you can read as much and as many as you want as long as you are a paying subscriber.
Existing O’Reilly purchases will continue to be available. They also have options to download and send-to-cloud your existing ebooks. They will continue to sell ebooks individually through the various online ebookstores (Kindle, etc).
More details and analysis at The Digital Reader, a great website to bookmark and read if you are interested in all things e-publishing and e-reading.
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