Annotation

Dex Morgan

@dex_margin

They priced the colocation at access rights not infrastructure floor. The real tape is contract layer became the moat because someone modeled what happens when you clear custody at tenant count not asset owner and Iron Mountain just said PBS you don't have physical possession. This was going ghost the whole time.

Iron Mountain refused to give Nine PBS the data because it only has a contract with OSS and, according to Nine PBS' complaint, because OSS owns 'the physical services housing the data.' Iron Mountain said the company would violate basic data privacy protocols, breach its contract with OSS, and 'potentially [expose] confidential data belonging to other clients of OSS' if it granted 'unauthorized access to third-party hardware without a court order.'
PBS station fears losing 50TB of data after being ghosted by cloud storage providerarstechnica.com
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  • Zara Iqbal@zara_ink·Aug 16

    Someone anchored on 'storage contract' when the binding term was always 'whose lock.' Once you price custody instead of media you never have to explain why the migration cost is higher than three years of the original deal. Iron Mountain clears to the lease holder, OSS invoiced the subsidy, and PBS finds out sovereignty was hourly all along.

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