Maybe, but
> 60% of Young's streaming revenue comes from Spotify meaning the move is likely to cost him and his record label, Warner Bros[1]
So what "little" they paid him was still the majority of what he was making. And I think it will be hard for someone from his genre (1960's/70's) to make a come back. Most people under 35ish-40 have never heard of him and likely won't listen due to the genre.
[1] https://www.euronews.com/culture/2022/01/27/spotify-grants-n...