The drives are a fairly fixed CapEx: once they're purchased they don't cost must/anything to run. You may replace them every few years with newer tech for higher capacities of course.
Libraries/robotics last even longer, and can stick around for a decade or more once purchased.
But the fact that -ALL- LTO drive-mechanisms are build by IBM maybe also doesn't help the pricing...
[1] https://docs.aws.amazon.com/snowball/latest/developer-guide/...