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Breakfast Business with Joe Lynam 3 min 1 speaker 5 chapters transcribed

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What are the key business stories affecting the film industry today?

Joe Lynam 0:01

Breakfast Business with Enterprise Ireland on Newstalk. Good morning and welcome to Breakfast Business and thank you to Eamon Torsney. It is Tuesday the 30th of September at 6.31. Coming up on today's show we'll be talking to the German life sciences company Merck and we'll be looking at leadership as a management trait and all the markets as usual including the latest tariff salvo from Trump overnight, this time on furniture. You can email us business at newstalk.com but first let's have a look at the main business stories in the newspapers and websites. Martin Claffey in the Irish Examiner reports that the U.S. will impose a 100% tariff on all movies made outside the country. Donald Trump said in a post on Truth Social, a move that one Irish film studio executive warned would put the nail in the coffin in the U.S.

Joe Lynam 0:52

film industry. Mr. Trump took aim at the film industry in his latest tariff outburst.

How are new tariffs impacting the U.S. film industry?

Joe Lynam 0:57

Our movie making business has been stolen from the United States by other countries, just like stealing candy from a baby, he said yesterday. Mr. Trump had threatened to impose such levies in May, but offered few details leading to confusion among entertainment industry executives.

What are the plans for the new paddle centre in County Kildare?

Joe Lynam 1:12

Ireland's generous Section 481 tax credit is worth up to 32% of expenditure to film productions, worth up to €125 million. The production spend generated by the Irish screen industry last year was valued at over €430 million, representing a 33% increase on the year before last. And Adon O'Donnell, a director of West Cork Film Studios in Skibbereen, said that Mr. Trump's plans to rest film back to the U.S. would backfire.

How can parents protect teenagers from harmful online content?

Joe Lynam 1:43

He's putting the final nail in the coffin in the film industry in the U.S. It is dependent on co-productions from European markets. He is destroying his own industry and making it impossible to work there. The Journal.ie reports that the former Ireland goalkeeper Shea Givens plans for a €4 million state-of-the-art paddle centre of excellence at Goffs County Kildare have fallen foul of planners.

What changes has Meta made regarding teen accounts on social media?

Joe Lynam 2:06

Kildare County Council refused planning permission to SFW Distribution Limited for the facility, which comprises nine championship standard indoor paddle courts, along with complementary fitness and wellness on a site southwest of Goffs at Greenhill in County Kildare. The Donegal native, Shea Gibbon, has entered a partnership with businessman Declan Fagan of SFW Distribution to develop the paddle centre under the Arena Paddle brand. A report lodged with the application stated that the facility would be the largest facility of its kind in Ireland and would be a major sporting asset for County Kildare. Adrian Weckler in the Irish Independent reports that Meta's global head of safety, Antigone Davis, says Irish parents should increasingly be the ones to keep young teenagers from seeing harmful things online.

Joe Lynam 2:55

She also said that kids need to be allowed to engage in the public world on social media platforms in a post-Charlie Kirk world and that the EU ID cards would help keep underage kids offline. And she denied that Meta was prioritising a more extreme version of free speech at the expense of kids' mental health, despite the company ditching some safety rules since Donald Trump came to power. Davis was talking as the company launched a new teen accounts on Facebook and Messenger to add to those on Instagram.

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