Publisher’s Weekly reports that “The online platform WEbook … will attempt to lure authors, editors and writing groups to collaboratively create written works, and vote on which ones should be published. WEbook takes community-sourced content and publishes it in a range of formats, including e-books and paperbacks.”
Later in the article it says, “WEbook’s first book was published this month: Pandora, a thriller novel with 17 authors.” The only books I've seen like this before are kind of jokes, with a number of famous writers taking a chapter, adding some twists and turns, and then passing it on. One example is Naked Came the Manatee. High art, it ain't.
Writers get five percent of sales, which is below industry standards.
Read more here.