I used to be a game developer and you're exactly right.
People tend to frame this observation in a negative way, but I hate that mindset because it portrays employees as lacking agency. The way I look at it is that people choose jobs based on the total compensation package: salary, bonus, on-site perks, coworkers, work environment, meaning, social cachet, etc. All of those are meaningful and valuable to people.
Obviously, sure, it would be great to be paid six figures to work on a tropical island for a few hours a day applying sunscreen to models while the UN videoconferences with you to express their gratitude at how you're saving the environment. But, alas, those jobs are few and far between.
In reality, people make trade-offs and choose the jobs whose entire compensation package fits what they are trying to get out of their life. And, for a social species like Homo sapiens, it should come as no surprise that for many people, some of the most important parts of a compensation package are prestige and glamour. So when a job with a lot of social cachet (journalist, novelist, actor) doesn't actually pay that much in cash, that makes sense: it pays more in other aspects.