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

Apple's streaming service has a well-deserved reputation for generous spending on TV shows and movies.Now Apple would like to pull back a bit on those budgets.Which brings up a recurring question for Apple: Why, exactly, is it running a streaming service? Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. Email address By ...