You are right.

You get paid jack shit for streaming. You also got paid jack shit for radio play. The flip side to all this is It has never been easier for an artist to manage their own career.

Not that long ago if you didnt sign onto the multi-billion dollar a year label who took an obscene amount of the money (google a 360 deal if you want to get real mad) nobody heard your shit ever. But you can also form your own label, make your own merch, do your own socials, promo yourself and keep 100% of what you make.