Fan Fiction Writers Baulk at FanLib.com

A couple of former Yahoo execs are trying to create the next MySpace by aggregating fanfiction on a website called FanLib. But the fanfic writers recognised that exploitation was written all over the idea and they’ve refused to participate. Instead of creating the Myspace of fanfic since the launch two weeks ago, FanLib.com sparked a white-hot Internet firestorm. The meltdown is a hard lesson in how not to conduct business on the Internet. But it’s a firestorm of FanLib’s own making because, in spite of the Yahoo pedigree (or maybe because of it), they ploughed in like china shop bulls — via Slashdot