(I am on a pop music forum, where you'll find plenty of people declaring that Britney's albums In The Zone (2003) and Blackout (2007) are classics. You'll also see people claim that Lady Gaga is incredibly original, which is really funny to anyone over the age of 30 who remembers Madonna and Mylene Farmer. But that is a discussion about taste, not Apple Music.)
As an artist I feel quite upset when people write that music, to them, is worth $12 a year. With $9.99 tier Apple pays 0.0072$ per stream (that's the correct amount of zeroes) when trial is over, and 0.002$ during the trial. I self-release my music. Putting an album up for a year costs $49. I need approx. 7,000 streams to cover just the cost of putting the music on Apple Music, iTunes, etc. That's before you count the cost of recording, mastering, equipment, time put into making the record. With iTunes sales, I need to sell seven copies to cover the cost of putting the music online. Let's say an album has ten tracks and I have seven fans. In order to make the same amount of money from streaming as I do from sales, each of my seven fans would have to stream the entire album 100 times. I went to the trouble of checking how many tracks in my 35k library I played 100 times or more, and the answer is 0.7%. If the tier was $12 a year rather than $120, the payment for RECORD LABEL (not artist) would be 0.00072$ and my hypothetical seven fans (since I self-release, the label doesn't take their cut) would have to play the entire album 1000 times. There is no track in my library that I played 1000 times.
As for new music genres... last years brought us dubstep (which is basically eurodisco slowed down to 50% and with added farting noises), many exciting (to some) hybrids of rap and R&B, and that's indeed about it. But it doesn't mean there is no new music of quality being made. If you listen to the new Laura Marling album, there are no new genres being invented, but the experience is beautiful and rewarding. The new M.I.A. song, "Swords", mixes Indian and Bangladesh influences with a type of sampling made popular by Björk. Hozier has a great record out. And so on.
As for my library of 35k, it took me approx. 20 years to build. I used to go on short holidays to London, plunder second-hand record stores and return home with 100 or more CDs bought for 50p or 1 pound. Spotify makes my life much easier, although admittedly less exciting -- I remember hunting for Electronic's debut album on a record fair and when I was at 80th or so stall I decided I'm giving up after this one... and then I found the album. I still have it and treasure it. Streaming service takes this sort of excitement out of music. I don't remember the first song I streamed, when was it and what I was doing. Napster, Limewire, Kazaa, Spotify, Apple Music all contributed to changing music from something you treasure and cherish into a service like electricity. I agree with the Netflix comparison much more than record club comparison, except there is so much more music than TV series. I still haven't gotten around to watching the last series of "Game of Thrones" or last six episodes of "Vikings". I also haven't gotten to checking out the new Chemical Brothers album. Or Jamie xx. Or Tame Impala. But if not for streaming services, I wouldn't know there is a new Chemical Brothers album for me to check out when I have time to do so.