And as Ben Sisario writes in The New York Times, it basically is too good to be true. These firms kick modest royalties back to the record companies who kick even more modest royalties back to the artists, who end up with very little money.
That artists aren't making much money shouldn't be enough to turn people against the services. The reality is that most musicians have always earned meager sums. In exchange, you get to do something people generally think is cool and you have a tiny chance at making tons of money by becoming a superstar.
But a question everyone ought to be asking themselves is: Given how little money artists make off this paradigm, why are other people making so much? Are record companies really adding meaningful value in this industry paradigm? Are the streaming services themselves?