Jon Stewart Says Apple & Amazon Have Caused An “Earthquake” Within Entertainment Business

deadline.com:

EXCLUSIVE: Jon Stewart’s return to The Daily Show has breathed new life into the Comedy Central talk show and won an Emmy for its efforts.

But just over a year ago, Stewart was about to have his previous show, The Problem with Jon Stewart, canceled by Apple TV+ over creative differences or “different agendas”.

Now, in conversation with Conan O’Brien on the Conan O’Brien Needs A Friend podcast, Stewart lamented how tech giants such as Apple and Amazon have radically changed the entertainment business. “There was this legacy business, and you’re seeing it change now as Silicon Valley comes in,” he said. “The ethos of legacy entertainment is we’ve created this incredibly eccentric business where you need an agent and a manager and a lawyer, and they’re gonna take about 60% of what you make, but without them, there’s nothing you can do.

And you join the studio, and the studio will give you a deal and you’ll sit in your room. It’s the most inefficient way. Silicon Valley walked in, in the way that Elon Musk walked into Twitter and went, ‘How many people work here?