GE said its cable operations continued to deliver double-digit growth, but NBC Universal had a "tougher performance overall due to a soft advertising market and fewer major DVD releases" compared with a year earlier, writes TheStreet.com.

Well that was a downer from Disney yesterday in its fiscal Q1 earnings call. The DVD business is tanking, nothing else is taking up the slack and we have to spend less money making movies. The "conversion rate" for new releases (i.e. the ratio of DVDs sold per million dollars of box-office gross) is falling, consumers are buying fewer catalog titles, shelf-space is disappearing and prices are plummeting. And oh, yeah: the rest of businesses pretty much suck right now, too. It sure didn't sound like the happiest place on earth.

Santa Monica, Calif. - Video game publisher Activision said on Thursday that it expects to record a charge of $67 million to account for errors in its stock option granting practices from 1994-2006.

Seattle - RealNetworks, a provider of media delivery technology and subscription services, said it saw an 18% increase in digital music revenue in the first quarter of 2007, to $34.1 million, ending the period with a total of 2.67 million subscribers, up from 1.57 million a year ago.

Mountain View, Calif. - In what has become a quarterly ritual, Google on Wednesday again surpassed analyst expectations by posting a fourth quarter profit that nearly tripled its figure from a year ago.

Cupertino, Calif. - Shares of Apple began to level off on Friday, one day after plummeting 6% after the company released second-quarter estimates that fell below analysts' expectations.

Agoura Hills, Calif. - Video game publisher THQ on Thursday raised its sales and earnings outlook for its third quarter and the year 2007, citing strong holiday game sales.