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Do tube sites bring sales? Yes. To verry few programs.
Do tube sites devalue the traffic? Yes.
Do tube sites help kill the competition? Yes, they do.
What Manwin is looking by -consolidation- is the destruction of the competition. They will buy the content, and in the end they will be the only one selling proffesional porn.
Here is the map:
build tube site -> survive from sales they bring -> destroy competition -> buy their assets -> Monopoly -> profit
If you control the free porn, and if you control the qality porn, then is a matter of reducing the free porn available to the surfers so you get them to sign up to your sites... Manwin control. At least the teory.
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