This summer has been a breakthrough for streaming, with the time viewers spent watching services like Netflix and Hulu outpacing broadcast and cable television networks in July for the first month ever.
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General Mills dives deeper into the pet business
General Mills is diving further into the red-hot pet food market, acquiring Tyson Foods' animal treat business for $1.2 billion in cash, the companies said Friday. Best known for Cheerios, Betty Crocker and Pillsbury, General Mills in 2018 entered the pet food business in a big way, spending $8 billion to acquire Blue Buffalo, a premium brand. Then the pandemic hit, fueling the biggest surge of pet adoptions in recent memory.
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