Watch this: Pete Townshend tells Jon Stewart Apple should put some iTunes profits ‘back into music’

Pete Townshend

Pete Townshend, legendary guitarist and songwriter for the seminal British band The Who, recently stopped by The Daily Show for an interview with Jon Stewart to promote his new book and talk about the state of modern media compared to the “old days.” When talking about how the music business has evolved, he had some choice words for Apple and iTunes — Townshend said that his issues with the company stem from the fact that “they don’t put any of their profit back into music.” Instead, artists have to fend for themselves a lot more these days, he said, noting that the old record companies “paid advances they nurtured young bands, and they let you make a couple of bad albums in the hopes that you might make a good one.” Townshend argued…

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