If no-one (including you, unless you dream in bash) is ever going to modify or extend the script, OK. Otherwise python's readability/maintainability trumps excessive verbosity every time.
Python is readable and maintainable when it's doing the things Python is suited towards doing. Running lots of external processes is not one of those. This is not a complaint or an insult to Python as a language (which I use regularly!), it is just a statement that different languages have different strengths and you should use the right tool for the job.
If you know of a good Python library that handles things like shell pipelines, <(...), and automatic creation of process groups (so that signal handling does the right thing), I'd be extremely interested, because I would like to use Python for these use cases. But it's currently the wrong thing for maintainable code for this one use case, and there is a very good language that handles this use case very well and is extremely stable and widely deployed.
Use the right tool for the job, and then put it in version control (and add tests, too, by the way). Shell is the right language for tasks that primarily involve running lots of subprocesses, whether they are simple or complex. If a small part of your task needs functionality that can't be done well in shell, fortunately, shell is very good at running subprocesses, and it's a perfectly reasonable approach to do something like this:
I regularly do this with the requests and json modules in particular, because being an HTTP client or a JSON parser is not a thing shell is good at. (For the specific problem of manipulating JSON, jq is another fine option if you have it installed.)