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They don't do as much harm as P2P.
But yes the content is stolen.
They sell not the content itself, but a service to access stolen content.
From my point of view the most important is if a site makes harm to the industry. P2P does. Usenet does. GUBA itself - doesn't make that much harm as the ammount it's customers is not as big as P2P.
Often when people see images in Usenet they come to the website and buy a membership. So it's really important if GUBA has full-sets and movies.
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