The PubML® eBook format (Publishing with HTML) enables beautiful, rich media eBooks to be delivered where they should be—through your web browser. PubML® eBooks combine elegant typography with reflowable, paginated text, and they offer a “third stream” alternative to proprietary bookstores and proprietary eReader devices.
Read more at: http://theworldsgreatestbook.com/pubml-web-based-ebooks/