PVM-2530 popping sound notice arching/lighting/spark in rear

[SEEtheREPLAY]

Hi guys

So I finally was able to pick up a PVM monitor. For extremely cheap on craigslist. However I'm having a big problem with it I picked it up as a repair thinking that it was only a sound issue. However when I opened up the back and turn the monitor on I noticed the spark. The monitor is not displaying a picture. Is this something I can fix I am pretty handy and know how to solder capacitors. Just not sure where to begin with this.

I took a video of the issue. I hope someone can help. The plan is to RGB all my retro gaming consoles and hook them up to this monitor.

http://youtu.be/1FSmrZrAdWA