With dwindling sales they seem willing to further exploit their one resource, the artist. Artists on twitter are talking about getting monthly cheques for ~7 cents from Spotify. Guess who made that contract?
I feel like we're about to hit a new low for professional career musicians. Their existing structure is falling apart (and it should) but the replacement is not quite ready. Today's professional musicians have to tour constantly to be profitable enough to survive, not to mention constantly churning out new tracks to remain relevant.
It's a tough gig. Signing to a major label is not a great move financially (cue the albini essay), they're in dire straits and will exploit you for every dollar you can generate, leaving you with little but debt.
I hope that in the future, the fat will be trimmed from the industry (good riddance) but a sustainable model will be created where the artists and minimal management make healthy livings without being run ragged just because they devoted their lives to making music.