Correction: to record labels.
replyWhen you read artists' blog posts you can see they get peanuts. Not due to Spotify - due to the recording deals.
If you want an exhaustive but eye-opening account of all of the details, I recommend "All you need to know about the music business" by Don Passman.
This is the artists fault for signing with the labels. The labels own their music, of course they get the payment.
replyWhenever an actual artist reveals their earnings, it’s absolutely pitiful.
replyA quick search suggests a very steep drop off from the top earners.
‘At 100 million streams, artists can earn approximately $300,000-$500,000 in gross royalties. However, the actual amount reaching the artist varies dramatically based on their contracts. Major label artists receive $90,000-$150,000 after the label’s cut, while independent artists could keep $255,000-$425,000 after distributor fees.’ https://rebelmusicz.com/how-much-do-artists-make-on-spotify/