Pop had grown dissatisfied with RCA, later admitting that he had made TV Eye Live as a quick way of fulfilling his three-album RCA contract.
He moved to Arista Records, under whose banner he released New Values in 1979.
This album was something of a Stooges reunion, with James Williamson producing and latter-day Stooge Scott Thurston playing guitar and keyboards.
Not surprisingly, the album's style harkened back to the guitar sound of the Stooges.
New Values was not a commercial success in the U.S., but has since been highly regarded by critics.

The album was moderately successful in Australia and New Zealand, however, and this led to Pop's first visit there to promote it.
While in Melbourne, he made a memorable appearance on the Australian Broadcasting Corporation's nationwide show Countdown.
During his anarchic performance of "I'm Bored", Pop made no attempt to conceal the fact that he was lip-synching (shoving the microphone down his pants at one point), and he even tried to grab the teenage girls in the audience.
He was also interviewed by host Molly Meldrum, an exchange which was frequently punctuated by the singer jumping up and down on his chair and making loud exclamations of "G'day mate" in a mock Australian accent.
His Countdown appearance is generally considered one of the highlights of the show's history and it cemented his popularity with Australian punk fans; since then he has often toured there.
While visiting New Zealand, Pop recorded a music video for "I'm Bored", and attended a record company function where he appeared to slap a woman and throw wine over a photographer.
While in Australia, Pop was also the guest on a live late-night commercial TV interview show on the Ten Network.
It is not known whether a recording of this interview exists, but the famous Countdown appearance has often been re-screened in Australia.

During the recording of Soldier (1980), Pop and David Bowie argued with Williamson over various aspects of the project.
Williamson recalling "I was not at all happy with a number of aspects of that record including the band, the material and the recording facilities.
So I was unhappy in general and vice versa".
Williamson left the project.
Bowie appeared on the song "Play it Safe", performing backing vocals with the group Simple Minds.
The album and its follow-up Party (1981) were both commercial failures, and Pop was dropped from Arista.
His drug habit varied in intensity during this time, but persisted.
Pop had grown dissatisfied with RCA, later admitting that he had made TV Eye Live as a quick way of fulfilling his three-album RCA contract. He moved to Arista Records, under whose banner he released New Values in 1979. This album was something of a Stooges reunion, with James Williamson producing and latter-day Stooge Scott Thurston playing guitar and keyboards. Not surprisingly, the album's style harkened back to the guitar sound of the Stooges. New Values was not a commercial success in the U.S., but has since been highly regarded by critics.
The album was moderately successful in Australia and New Zealand, however, and this led to Pop's first visit there to promote it. While in Melbourne, he made a memorable appearance on the Australian Broadcasting Corporation's nationwide show Countdown. During his anarchic performance of "I'm Bored", Pop made no attempt to conceal the fact that he was lip-synching (shoving the microphone down his pants at one point), and he even tried to grab the teenage girls in the audience. He was also interviewed by host Molly Meldrum, an exchange which was frequently punctuated by the singer jumping up and down on his chair and making loud exclamations of "G'day mate" in a mock Australian accent. His Countdown appearance is generally considered one of the highlights of the show's history and it cemented his popularity with Australian punk fans; since then he has often toured there. While visiting New Zealand, Pop recorded a music video for "I'm Bored", and attended a record company function where he appeared to slap a woman and throw wine over a photographer. While in Australia, Pop was also the guest on a live late-night commercial TV interview show on the Ten Network. It is not known whether a recording of this interview exists, but the famous Countdown appearance has often been re-screened in Australia.
During the recording of Soldier (1980), Pop and David Bowie argued with Williamson over various aspects of the project. Williamson recalling "I was not at all happy with a number of aspects of that record including the band, the material and the recording facilities. So I was unhappy in general and vice versa". Williamson left the project. Bowie appeared on the song "Play it Safe", performing backing vocals with the group Simple Minds. The album and its follow-up Party (1981) were both commercial failures, and Pop was dropped from Arista. His drug habit varied in intensity during this time, but persisted.
Iggy Pop