This is good news for music consumers and music creators!

Generally streaming for music creators is "meet the new boss, same as the old boss", i.e. no money

We need a new paradigm where content users and content producers are both happy! (no one else is needed in this equation).
Streaming services provide the same type of service as radio. i.e. as a promotional tool only.

In traditional radio artists essentially do not get paid. In streaming artists essentially do not get paid.

These avenues act as 'discovery' zones and aggregators where we can find new music easily, this service is still needed for both sides. Unfortunately streaming has turned from discovery only into content controller. (i.e. stream from the cloud where all music now exists) you can listen and listen, no need to buy, which is great for consumers but not great for creators.

It's fine that recordings are promotional tools only, the only trouble is that creating recordings takes time and is not free.