Earlier quoted context omitted.
That's not depressing. That's one part of the "music industry". It's a huge sales channel, per se. Now, being a musician or an artist, you decide what you do with it. If you consider that what matters is your sales and nothing else, Spotify's stance might apply to you. But you might have different point of view as well, still make music, and still live from it, perhaps.
It's a bit disrespectful to reply to someone saying something's depressing by bluntly saying it's not. It's not up to you to judge what they find depressing. I also find it depressing. It's a societal problem that we do not value art in the same way that we value science and technology. We see it everywhere from the STEM myth to arts educational programs and artists struggling just to survive. Even earning my living…
I don't find this depressing. I don't even find this societal at all. What would be depressing would be to take Spotify's view of "what music should be" or "how musicians should work/behave" for a relevant, world-wide truth. When it is only a very specific, skewed and biased take by someone's who's got a direct interest into making people believe that it is the only way to go.
That many people go this way does not mean they are right, neither they are winning.