Wow, once again for interesting stories about sex, lies, and videotape you need look no further than your computer screen.   Here’s the interesting scoop that is leading to some nastiness in the chattering nonsense of my favorite technology blogOsphere:

After noting on Twitter a nasty debate about “self made” vs “sugar daddied” between online content guys Jason Calacanis and Andrew Baron this popped up:

ValleyWag reports:
The Rocketboom episode neatly explains why the world of online video so resembles film school, a parent-funded enterprise of self-indulgent auteurs with macroambitions viewed by microaudiences (including yours truly). Sony’s deal doesn’t affirm the potential of online video as a means of creative expression; it simply tells us that the rich, despite themselves, can’t help getting richer.

Rocketboom was the early tech news show hosted by Amanda Congdon.   Not clear to me how much this hurt the show, but the buzz died way down until Rocketboom was bought by a big player recently.

But it gets more fun/sad/tragic/interesting.    Baron’s father, a prominent Texas attorney, is a friend and supporter of John Edwards and some rumors suggest he may have played a role in what appear to be possible hush money payments or at least hush up activities surrounding John Edwards affair with a …. campaign video producer.

So, do all roads lead to low monetizing but highly subsidized online video?   Stay tuned for the next video episode – at least as long as we can find some politicians or parents to pay for it.