I don't think reputable ad networks would advertise on pirate sites. The disreputable ones don't get you $2 cpms. Period. I think he is off by at least an order of magnitude, maybe more.
Source: I run twicsy.com, which major networks avoid because of nsfw content, and only get about 12 cent RPM (revenue per page per 1000).
Source: I run twicsy.com, which major networks avoid because of nsfw content, and only get about 12 cent RPM (revenue per page per 1000).