III-nitride multi-quantum well (MQW) diodes can modulate the light emitted by another diode with the same MQW structure by varying the bias voltage owing to the spectral overlap between the electroluminescence spectrum and spectral responsivity curve of the MQW diodes. Here, we investigate bias-controlled modulation by monolithically integrating an optical transmitter, waveguide, electro-absorption modulator (EAM), and slot grating coupler on a silicon-based III-nitride platform using compatible fabrication processes. The modulated light is coupled into a fiber, which is direct to a photodiode for characterization. The bandwidths of forward-biased emission modulation and reverse-biased absorption modulation are of the same order of magnitude, with the latter exhibiting significant performance improvements. In addition, real-time video signal transmission was achieved using an EAM, which provides a meaningful reference for modulation applications of silicon-based GaN optoelectronic integrated systems.