Streaming giant Netflix suffered huge losses to its stock price this week.

That 200 million subscribers is not actually enough viewers for doing the amount of money

that they're spending on content.

They're going to spend almost $20 billion in content acquisition in the next 12 months.

What changes is the platform making to stop the collapse and shore up its business?

I'm Georgia Howe with Daily Wire Editor-in-Chief John Bickley.

It's April 23rd and this is your Saturday edition of Morning Wire.

China's Zero COVID Policy has brought manufacturing to a standstill.

How soon will the US consumer feel the effects of Xi Jinping's draconian measures?

And California lawmakers propose a four-day work week to try to entice people back into

the workforce.

After two years of being in the pandemic, we've had over 47 million employees leave their job

looking for better opportunities.

They're sending an extra message that they want a better work-life balance.

Thanks for waking up with Morning Wire.

Stay tuned.

We have the news you need to know.

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