It's an idea. I would like to say that it could work, but I'm not completely convinced. Assuming that enough people would be ready to commit themselves once or twice a week, you would still need some human resources management, which is no easy task.
You have to ask yourself: Can I edit videos? Do I know someone who can? Who can organize dates and times? How can deadlines be enforced? How can the team remain motivated, even if views are low to begin with?
As soon as you have these things settled, you can consider the idea, I mean, you can wait and see what happens, see how many people can help / want to join in.
TL;DR: It's an idea worthy of recognition, but something that might take a while to be established / might not work at all.