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Some profit with their tube sites, some don't. No business generates foolproof profit, besides slinging crack.
Yes many that sell spots sell them because they are not AS profitable for themselves. Most businesses operate this way. The Hun still sells spots, as do almost every other large freesite. Without starting a discussing on whether the traffic is quality or not, tubes are a fresh source of traffic. There are plenty of start ups, even now, that are willing to take the advertising risk to obtain traffic for for their product. Those that are savvy enough to profit from it (not starting a discussion of illegal content or tubes) will.
To most a tube site is just another pie-in-the-sky way for fast easy riches in adult. A way to get back into the game after tgps, mgps etc. Many won't know how to make them profitable and will fail.
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