it is not nonsense if it is true. What Spotify pays artists is pathetic. I will never use Spotify as a result. I tried the free tier, not impressed. Is the industry still so controlled by a few rich companies, they they don't allow the payments to increase? I believe it is Tidal that pays the highest rate, but maybe that has changed.
Streaming sure beats the old radio days, where all stations were forced to play the same few songs over and over and over again.
so here is Spotify, the largest streaming service in the world, but can't fairly compensate the artists who make the music - disgusting! Maybe if people stop listening to Spotify, they will change. I know I stopped, I know a lot of other people stopped.