That's not 100% true. That's a problem for artists right around the world.
One of the issues is that a certain percentage of Spotify is owned by the labels. When the labels make their catalogue available, there's a large fee involved that the streaming service has to pay to the labels in order to access that catalogue. That money is never seen by an artist, in any way, shape, or form.
Then you have the issue where recordings that were made years ago under a royalty artist deal, no matter where they were in the world, are now being played on streaming services. That distribution was never contemplated in the original royalty artist deal. It should follow the distribution that was in these royalty artist deals, which was a fifty-fifty split between the label and the artist. You would think that this would be how it would be applied in the digital realm, and of course it's not. It has been completely forgotten about.