Spotify Royalties Appear To Be Awfully High Despite What Thom Yorke Says

One of the shouting matches going on at present is that the rates Spotify pays to musicians and songwriters are terribly low. So low in fact that Thom Yoke, of that popular beat combo Radiohead, has withdrawn his independent work from the service in protest. Yet to be honest, when I see the numbers that are actually being complained about I'm afraid that I just can't see it. If anything, it looks like Spotify royalty rates are rather high in fact.