This is Hilarious! Web slaves...
Only issue here is that this article is out-of-date. Most of the VC action has already moved on, at least the smart money. Google's own supposed channel "investment" was actually structured like old record-company deals in that their 'artists' had to pay back the parent's seed money. It's easy to get scammed and these crappy web content producers pay their talent sh*t.
Cable television money dwarfs this backwater junk.
Machinima may have $35m... Even a 5th rate cable brand like Spike makes that look like a children's sandbox.