The vast majority of artists are still getting screwed over by the labels. They're getting a pittance, if anything.
If at all possible, always buy directly from the artists or through sites like Bandcamp that actually pay out well.
Bandcamp takes only a 15% cut, which is better than Spotify's 30%, but the way people talk about it you would think there's a 10x difference or something.
That means basically all of my $10 subscription would go to huge popular artists, instead of to the artists I actually listen to.
By buying on Bandcamp, I make sure my money goes to the artists I actually listen to.
It's not about the relative cut of the services, but the absolute value of the payouts. On one platform you earn fractions of a cent per stream while the other allows you to collect whatever price you set for your release directly. I'm sure the latter approach is significantly better for smaller, niche artists, if not all but the most popular ones.
Or put differently: The number of plays on Spotify required to match the payout of a handful of album sales on Bandcamp is probably out of reach for most artists.