Pictorical is new venture in electronic publishing. From what I can tell they publish "Classic Books," which I take to mean books that are in the public domain, and invite artists to illustrate them. They then sell the books online for .99 cent each and the artist receives half the proceeds from the sale.
I'm always wary of "crowdsourcing" illustration work but this one at least provides conditions for payment (basically people have to buy the ebook.)
It sounds worth checking out, sign up here: