Wordpress can be a pretty good way to go, if you're looking to build a tube site you have a couple options. I mainly use Word press for my sites with the WPXtube plugin and tubeace. WPXtube is free and worth checking out, use a theme with it from the board here, there are plenty to choose from. For hosting, unless you plan on making a ton of sites shared may be all you need. I started with a shared hosting plan from Dreamhost and moved to a vps now. I don't recommend Dreamhost for new adult webmasters looking to create tube sites, as installing Ion cube can be royal a pain in the ass if you don't know what you're doing.
You want Wordpress org not the com version, the org version is a self hosted version of wp on your server and can use plugins. Plugins allow you to add new features to your site easily.
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