I feel the current model potentially can yield a further “democratization” of music commerce. I’m not sad to see the old model (get signed by a major label, hopefully become famous) die. The improvement to the current model would be to more fairly compensate the artists that are on streaming platforms.
The doom-and-gloom take is more applicable to film, in my opinion. It’s easier for artists to get their music “out there” these days. Artists in film seem to be toast. No one wants to fund interesting films. There’s no corollary to modern music distribution in modern film that I can see. Unless you are lucky to live somewhere where you can hound art house theaters or have access to modern independent films, you’re stuck with the contemporary drivel that passes for cinema.

