Apple quietly admits it's paying too much to run its streaming service

Apple is trying to pull back on the spending side of its streaming service, despite its well-deserved reputation for generous budgets.

Apple's streaming service faces the challenge of not having a significant viewership despite favor among critics and watchers, prompting the need to control spending.

Apple, known for lavish spending in Hollywood, is reevaluating budget control, exemplified by the $20 million per episode cost for 'Severance' pointing to overspending concerns.

Read at Business Insider