One key thing to notice about what the graphic tells you…
It’s generally not worth signing up with a label unless they can at least double your streams/sales - which any decent label should be able to do.
It’s not ultimately about percentages, it’s about whether being on that label actually puts more money in your pocket.
I was recently ‘offered’ the opportunity by a music producer vlogger (known to some here) to sign one of my tracks on one of their labels.
Problem was, it would cost me money, it would be a 10-year contract and there was no mixing, mastering or promotion being offered - other than inclusion on the lable’s Bandcamp page (tiny following) and the label’s Spotify playlist with fewer than 1500 followers. I would keep 100% of all revenue.
It effectively boiled down to me paying to get one track up on the usual channels and be included in one small playlist*. I would need to handle all other promotion myself.
(* Paid inclusion/promotion on prominent playlists is part of the game these days. But in this case, I wasn’t convinced that the cost represented a good investment. I considered doing it out of curiosity, but the 10-year contract spooked me - though I didn’t bother asking to see the contract itself before declining.)