Where is the Money in Music?
The music industry has certainly changed a lot since 1983 but what has changed is where the real money is made, as digital technology, downloads & streaming have all impacted on the bands & record labels. Music Correspondent of the Irish Times, Jim Carroll joins Richard in studio.
The Bicycle Thieves
One story that didn't make any international headlines this week, but did make its way into our own news, was the Gardaí's decision to start using bait bikes as a way to catch bike thieves in Dublin. Our reporter, Liam Geraghty, has been checking out the economics of pedalling stolen goods, sussing out the supply chain, and finding out how to lock the thieves out of the market...
Taxing Future Oil Finds
If you had any intentions of going into the oil exploration business, you might want to take a look at the Government's new finance bill which was unveiled this week. It includes new taxes on any oil found off the Irish coast, but is this coming too late, and how much revenue are we likely to make from it? Richard was joined by David Horgan, director of Petrel Resources and Frank Connelly head of communications for SIPTU, who has written multiple reports on the topic, including one for the Chuck Feeney-funded Centre for Public Inquiry.
Leadership Lessons from the Bard
William Shakespeare has often been used as a source of business wisdom, with books like 'Shakespeare's Lessons in Leadership', 'Shakespeare on Management', and even 'Shakespeare and Golf' lining shelves in bookstores worldwide. Our reporter, Liam Geraghty - who loves a bit of drama himself - has been finding out if these tomes hold any value, or if they're merely tales 'full of sound and fury, signifying nothing'.
Ireland vs. Italy
Tomorrow, Ireland takes on Italy in their third pool game of the Rugby World Cup. While Irish fans are confident their have the upper hand in the line out, scrum and rolling maul, how would we fare in an economic head to head? Would our revenues leave them reeling, or would their infrastructure carry them across the gain line? To compare both sides, Richard spoke to economics columnist with the Irish Independent, Brendan Keenan, and Furio Pietribiasi, an Italian-born investment management CEO who has lived in Ireland for 17 years.
Entrepreneurs and Taxes
Ireland has been described as the “Best Small Country in the World to do Business” on a number of occasions in the past, and it seems that quite a few large-scale multi-national firms who chosen to set up here would agree. Although they all say that favourable tax structures aren’t the only reason they have chosen Ireland as a base, few would argue that it isn’t an important incentive. But how does the Irish tax system treat smaller companies? Niamh Bushnell, the Dublin Commissioner for Startups, and Brian Caulfield, Chairman of the Venture Capital Association, joined Richard to discuss the challenges facing entrepreneurs under the rule of Revenue.