Much more so on spotify (and streaming generally). In the traditional system an artist might have got 10% of retail price. That equates to much more than 10% of profit (could be around 40% of profit in some cases). While record companies do have various ways of chipping away at that, the fundamentals of a traditional points deal aren't actually as bad as usually presented and way better than in other retail industries (e.g. clothing).

that's not true , compared to Spotify, that's a total lie.

Artists don't get a 10% cut each time a song is played on Spotify. The only people getting rich with Spotify is Spotify and the label that grants the content rights. The artists do get almost nothing.